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Retail premises for sale in Wargrave Road, Newton-Le-Willows

Under offer

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Retail premises for sale

2,800 sq. ft*

Property features

Mixed Use Investment Opportunity
Fully Tenanted
Leasehold Property
Instant Income
Great Transport Links
Long Term Tenants
Well- proportioned Flats
Highly Visible
Very Lettable Space
Available Now

Property description

Fully tenanted building consisting of three 1st floor flats and one large retail space, that could be split into 4 shops. All tenants have been in occupation for over 4 years with the retail tenant in occupation for over 7 years. Annual rental income from the 1st floor residential tenants is £13,440 and £10,400 from the ground floor retail space.

• Offers Over £235,000
• Total income £23,840 per annum
• No VAT
• Potential Gross Rental Yield of 10.10%
• Long term leasehold

Situated on the junction of Wargrave Road, Fairclough Street and Railway Street, this property has a prime roadside location in the Earlstown area of Newton Le Willows. Access is fantastic with the M6 and the East Lancs less than 10 mins drive. The building is also next to the railway station and on the bus route.

Property info

Brochure

Floorplan(s): Floorplan 1 Floorplan 2 Floorplan 3 Floorplan 4

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Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by To Let Wigan, and do not constitute property particulars. Please contact To Let Wigan for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.