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Bird I'th Hand 100-102 Gidlow Ln

1,300 SF Retail Building Wigan WN6 7DY $928,517 ($714/SF) 8% Cap Rate

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
Building Size
1,300 SF
Building Class
B
Year Built
1913
Price
$928,517
Price Per SF
$714
Cap Rate
8%
NOI
$74,281
Tenancy
Single
Building Height
3 Stories

Nearby Major Retailers

Morrisons
Santander
Co-op
Lidl
Heron Foods
Iceland
Bakers + Baristas
Yorkshire Bank
Barclays
Lloyds Bank Plc
  • Listing ID: 34232838

  • Date on Market: 12/18/2024

  • Last Updated:

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

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