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Pier House, Wallgate, Wigan, WN3 4AL

12,282 Sq Ft / Offices / Investment

For Sale - £1,100,000.00

Available - Last updated: 14 June 2024

Pier House: An Iconic Multi-Tenant Office Space in Prime Wigan Location The refurbished mill stands proudly facing Wigan Pier. This unique blend of historic charm and modern functionality offers character and convenience for tenants. Investors benefit from a fully-let property with potential for further development (subject to planning). The 0.45-acre site comprises of a communal car park at the front, a the rear yard providing additional parking and Pier house, a substantial four storey converted mill over 12,000 SQ FT. Pier house is well-maintained with lift access and central heating, each floor features dedicated toilets, kitchens, and individual electricity supplies. • Offers over £1,100,000 • EPC Rating: B • Tenure: Freehold and Long Leasehold • VAT: The property is elected for Vat Pier House: Secure Income & Flexible Space This vibrant multi-tenant property offers investors a reliable 9.24% rental yield with 19 offices, leased to 11 tenants, minimize risk and ensure a steady income stream. Flexible first and second floors offer 17 modern, all-inclusive office suites, catering to a variety of businesses, whilst the lower ground and ground floor are each occupied by one long standing tenant. See attached brochure for tenancy schedule and further details. Location: Pier House boasts an unbeatable location in the heart of Wigan. Direct access to the M6 and M56 motorways via the A58 provides seamless connection to major cities and business hubs across the North West. Frequent train services from Wigan Wallgate and North Western stations offer convenient access to Manchester, Liverpool, and beyond. Ongoing rail electrification projects promise even faster and more frequent service in the future. Adding to the convenience, Manchester Airport sits just 23 miles away. Wigan lays within Greater Manchester, this densely populated region boasts a combined urban population exceeding 4 million. Wigan with a resident population of 107 thousand is in the midst of a dynamic transformation, with multi-million pound projects like the Galleries town centre revamp, the Pier Quarter cultural hub, and the Eckersley Mills mixed-use development creating a vibrant scene with diverse retail, leisure, residential, and commercial spaces. This ongoing regeneration promises a thriving future for the area.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Leasehold £1,100,000.00 NA

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Miriam Macdonald

To Let Commercial

01942 901382

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