Arcade Chambers, Arcade Street, Wigan, WN1 1DE
3,676 Sq Ft
£330,000
Property Features
- Investment Opportunity
- 5 Year, Full Repair and Insuring Lease in Place
- Rental Income of £32,000 PA
- Freehold For Sale
- Rental Yield of 9.69%
- Three Storey Building
- 3676 Sq.Ft
- Prime Location
Property Summary
*****Tenanted Commercial Property For Sale****
Rutter Green are delighted to bring to the market this fantastic investment opportunity in the heart of Wigan Town centre. The property currently has a full repair and insuring lease in place for the next 5 years, obtaining a rental yield of 9.69%
This historic building is situated in the centre of the Regeneration Project that has been granted over 1.2 million pounds from Wigan Council. This project is to improve and secure the future economic success and sustainability of our local town.
The property comprises of.
Ground Floor- Main entrance via the cobbled street leading into the open plan seating area area with the main bar, ladies, and gents WC
1st Floor- Accessed via the stairwell- this area is currently used as a function room with bar and dancefloor.
2nd Floor- Residential 1 bedroom apartment with reception room, kitchen, and bathroom.
Basement- This area is currently used as storage.
The building boasts a floor area of over 3676 Sq.ft
Rutter Green are delighted to bring to the market this fantastic investment opportunity in the heart of Wigan Town centre. The property currently has a full repair and insuring lease in place for the next 5 years, obtaining a rental yield of 9.69%
This historic building is situated in the centre of the Regeneration Project that has been granted over 1.2 million pounds from Wigan Council. This project is to improve and secure the future economic success and sustainability of our local town.
The property comprises of.
Ground Floor- Main entrance via the cobbled street leading into the open plan seating area area with the main bar, ladies, and gents WC
1st Floor- Accessed via the stairwell- this area is currently used as a function room with bar and dancefloor.
2nd Floor- Residential 1 bedroom apartment with reception room, kitchen, and bathroom.
Basement- This area is currently used as storage.
The building boasts a floor area of over 3676 Sq.ft