Property photos
Leasehold
£1,100,000
(£89.56/sq. ft)
Office for sale
Pier House, Wallgate, Wigan WN312,282 sq. ft
Local area information
Property location
Nearby amenities
- Wigan North Western 0.3 miles
- The Deanery Church of England High School and Sixth Form College 0.4 miles
- Wigan Wallgate 0.4 miles
- Progress Schools - Wigan 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- 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
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.
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.
Floor plans and tours
Floor plans (1)
1 floor plan available
View the floor plan to understand the space and layout of this property.
More information
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