Gidlow Lane, Wigan WN6 7DY

£750,000 OIRO
  • Ref: 4c1ed31a-1948-4c61-bf91-00f01af824bf
  • Availability: For Sale
  • Bedrooms: 3
  • Bathrooms: 3
  • Reception Rooms: 3
  • Tenure: Freehold
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  • Floorplan
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Property Features

  • Public House And Apartments For Sale
  • Wide Frontage With Large Car Park And Extensive External Seating Areas
  • Property Undergone Substantial Refurbishment Investment
  • Prime Location Within Walking Distance Of Town Centre
  • Apartments Are Currently Let On Standard ASTs
  • Planning Permission Submitted For Three Additional Apartments
  • Investment Opportunity
  • Rental Income Of £58,400 PA
  • Email hello@ruttergreen.co.uk For Further Information
  • Rental Yield of 8%

Property Summary

Exciting pub & apartments for sale with high-quality fixtures, extensive seating, rental income, and expansion potential. Prime location & robust rental income of £58,400 p.a with an 8% yield,offers a lucrative investment opportunity. Contact hello@ruttergreen.co.uk for more info.

Full Details

We are pleased to present this exceptional opportunity in the form of a pub and public house with apartments, available for sale. Boasting a wide frontage, a sizeable car park, and extensive external seating areas, this property offers a welcoming and inviting facade to patrons and visitors alike.

The property sets itself apart with an exceptionally high standard of fixtures, fittings, and equipment throughout, a testament to the substantial refurbishment investment that has been made. Every corner of this establishment exudes quality and attention to detail, ensuring a pleasurable experience for customers.

Conveniently positioned in a prime location within walking distance of the town centre, this property enjoys a strategic advantage in terms of accessibility and visibility. The bustling surroundings offer a steady flow of potential clientele, enhancing the prospects for a successful business venture.

In addition to the public house, the property features apartments that are currently let on standard Assured Shorthold Tenancies (ASTs), providing a steady rental income stream. Furthermore, there is a promising opportunity for expansion, with planning permission already submitted for the development of three additional apartments on the premises.

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.

For further details and to express your interest in this exceptional property, please do not hesitate to reach out to us via email at hello@ruttergreen.co.uk. Our team of professionals is on hand to provide you with comprehensive information and assist you in making an informed decision regarding this prime commercial and residential opportunity.