£525,000
(£152.31/sq. ft)
Property for sale48 Market Place, Wigan, Lancashire WN1
3,447 sq. ft
Just added
About this property
The property provides for a 3-storey building configured as a single occupancy commercial asset with direct high street frontage to Market Place and is currently utilised for retail purposes by the existing tenant.
The property is arranged over basement, ground and upper floors with the ground floor providing traditional double fronted retail space with rear of house areas. Upper floors incorporate a mixture of internal stud partitioning creating a number of offices, staff and welfare accommodation including WCs. The basement provides for secure storage space.
The property benefits features including attractive external façade and interior fit out that includes aspects reflecting the buildings history and previous uses.
The property provides for one of the most attractive retail units within Wigan town centre and is situated in a prime location. The current tenant has been in occupation for in excess of 10 years but given the redevelopment that is taking place in close proximity wished to have an element of flexibility when renewing the lease during 2026. With the "Fettlers" development now experiencing significant progress it is considered that there will be significant asset management opportunities in relation to the subject property in the near future and upon completion of the surrounding redevelopment works.
The property is priced to reflect the speculative nature of the opportunity and the reasonably considered prospects for enhancement of the asset in the near future.
The property is arranged over basement, ground and upper floors with the ground floor providing traditional double fronted retail space with rear of house areas. Upper floors incorporate a mixture of internal stud partitioning creating a number of offices, staff and welfare accommodation including WCs. The basement provides for secure storage space.
The property benefits features including attractive external façade and interior fit out that includes aspects reflecting the buildings history and previous uses.
The property provides for one of the most attractive retail units within Wigan town centre and is situated in a prime location. The current tenant has been in occupation for in excess of 10 years but given the redevelopment that is taking place in close proximity wished to have an element of flexibility when renewing the lease during 2026. With the "Fettlers" development now experiencing significant progress it is considered that there will be significant asset management opportunities in relation to the subject property in the near future and upon completion of the surrounding redevelopment works.
The property is priced to reflect the speculative nature of the opportunity and the reasonably considered prospects for enhancement of the asset in the near future.
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