A Leisurely Sale

On behalf of executors, Smith and Sons have been appointed to manage the sale of a large four storey property, 29 – 33 King Street, set in the centre of Wigan's leisure district.

At an asking price of £795,000 the property currently produces a rental income of £98,772 per annum rising to £103,772 per annum. The ground floor is home to the popular bar, Maloney's with an established solicitors practice currently leasing the three floors of offices above (none of the businesses are affected by the pending sale).

The building is situated off the main A49 Wallgate in the town centre and it is within walking distance of Wigan's main shopping areas of Standishgate and The Grand Arcade as well as both Wallgate and North Western train stations. It offers approximately 790m2 (8,500 ft2) of floor space across the four floors plus a basement area used for storage.

Andrew Smith, Partner at Smith and Sons said: "This is a great building that sits within Wigan's main leisure circuit. With established long term tenants, a good rental income and over 11 years remaining on the ground floor lease, it offers buyers an ideal investment opportunity. We expect to see interest from those looking to potentially expand their property portfolio".

Anyone interested in the property or requiring further information should contact Andrew Smith on 0151 647 9272 or via ags@smithandsons.net