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Pier House, Wallgate, Wigan WN3 4AL

£1,100,000

£89.56 per sq ft

Business rates & charges may apply

To Let, To Let Wigan
SIZE AVAILABLE

12,282 sq ft

1,141 sq m

SECTOR

Office for sale

Key features

  • 9.24% Rental Yield
  • Rental Income Over £102,000 P.A plus VAT
  • Diversified Tenants Minimising Risk
  • Regeneration Hotspot
  • Strong Location with Excellent Transport
  • Expansion & Improvement Potential
  • Historic Charm & Modern Appeal
  • Densely Populated Area
  • Long Term FR&I Lease on Gr & Lower Floor
  • Well Maintained & Managed Property

Description

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.

Energy Performance Certificates

EPC 1

Brochures

Pier House, Wallgate, Wigan WN3 4AL

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wigan Wallgate Station0.3 miles
  • Wigan North Western Station0.3 miles
  • Ince Station1.1 miles

About To Let, To Let Wigan

Pier House Wallgate Wigan WN3 4AL

To Let Wigan is a highly experienced and specialised property management agency based in the heart of Wigan Town Centre.

We fully manage a large range of commercial premises including retail and industrial units.

Our services include:

Site visits.

Phone lines open 7 days a week 9am -9pm and 24/7 advertising online so you'll never miss a prospective tenant again

Rental valuations including maintenance recommendations and condition reports.

Bespoke property particulars including strong imagery and both 2D and 3D floor plans.

All viewings accompanied and feedback relayed.

Filtering enquiries, negotiate lease terms and liaise with prospective tenants.

Organising service charge budgets and collection.

Holding copies of all documents relating to the property.

Collecting all rentals preferably via Direct Debit .

Manage the day to day maintenance issues and keep our landlords up to date and informed to an agreed level

Rent reviews negotiations.

We can also offer you assistance with:

Lease renewals

Business rates

Property valuations

Dilapidations reports

Our tenants love working with us as we are local and approachable, and our landlords love working with us as we take all the stress out of owning commercial property, they just sit back and receive their rent with none of the usual hassle that comes with being a property owner.

With over 100 properties on our books and our portfolio growing all the time we have built a wealth of knowledge and experience within the commercial property industry and we specialise in offering a bespoke service to clients looking for advice in all aspect of this sector.

We are a local company whose aim is to bring business and growth to Wigan; we continually invest within the local community, and offer a full hand's on service to all our clients.

Notes

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Disclaimer - Property reference 116724. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by To Let, To Let Wigan. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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