>
Property for sale
Gidlow Lane, Wigan, WN6 7DY
£750,000
Gidlow Lane, Wigan, WN6 7DY
£750,000
Our Summary
- The bustling surroundings offer a steady flow of potential clientele, enhancing the prospects for a successful business venture
- 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
Description
This exceptional pub and public house with apartments is a rare opportunity for savvy investors. The property boasts a welcoming facade with a wide frontage, sizeable car park, and extensive external seating areas. Inside, the high standard of fixtures, fittings, and equipment throughout is a testament to the substantial refurbishment investment made. Conveniently located within walking distance of the town centre, the property enjoys a strategic advantage in terms of accessibility and visibility. The public house is currently generating a rental income of £58,400 per annum, bringing the rental yield to 8%. Additionally, there is a promising opportunity for expansion, with planning permission submitted for the development of three additional apartments. With a steady rental income stream and potential for further growth, this property presents a lucrative investment opportunity.