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Bird I'th Hand 100-102 Gidlow Ln 1,300 sq ft Retail Property Wigan WN6 7DY £750,000 (£576.92/sq ft) 8% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Great location
  • Residential area
  • Signage

EXECUTIVE SUMMARY

For savvy investors seeking a lucrative venture, this property presents an attractive investment opportunity with a rental income of £58,400 per annum bringing the rental yield to 8%. The existing revenue coupled with the potential for further growth render this offering as a compelling proposition in the real estate market.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
1,300 sq ft
Costar Property Class
B
Year Built
1913
Price
£750,000
Price per sq ft
£576.92
Yield
8%
NOI
£60,000
Tenancy
Single
Number of Floors
3

NEARBY MAJOR RETAILERS

Morrisons
Santander
Co-op
Lidl
Heron Foods
Iceland
Barclays
Lloyds Bank Plc
HSBC
eurochange
  • Listing ID: 34232838

  • Date on Market: 18/12/2024

  • Last Updated:

  • Address: 100-102 Gidlow Ln, Wigan WN6 7DY

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