47-53 Market St 4,818 SF 100% Leased Retail Building Wigan WN2 3AE $665,637 ($138.16/SF)

An excellent opportunity to acquire a fully let commercial investment property situated in a prominent position on Market Street in the heart of Hindley. Hindley is a busy and well-established town centre location with a wide variety of shops, supermarkets, cafés, restaurants and independent retailers serving the surrounding residential community. The area benefits from strong local footfall and a vibrant mix of long-standing local businesses.

The town is conveniently located approximately three miles east of Wigan and benefits from excellent connectivity to the wider Greater Manchester and Lancashire regions. Hindley also has its own railway station providing regular services to Wigan, Manchester and Southport, while the nearby motorway network, including the M6 and M61, provides convenient access for commuters and businesses operating within the Northwest.

The property itself is a substantial and characterful building arranged over three floors and was formerly a ballroom. The building now provides entirely commercial accommodation and has been adapted to create multiple income-generating units while still retaining the spacious feel and character of the original structure.

The ground floor comprises two self-contained commercial units, both let to individual occupiers and providing a stable and diversified rental stream. The first and second floors are currently occupied by a well-established dance studio, benefitting from large open studio spaces that make excellent use of the building's former ballroom layout, with generous ceiling heights and a spacious configuration ideally suited to dance, fitness or similar leisure uses.

The property is fully let and currently generates a total rental income of £48,000 per annum, providing an immediate and established income stream for investors. At the asking price of Offers in the Region of £500,000, the property reflects an attractive gross yield of approximately 9.6%, subject to purchaser's costs.

Overall, this represents an appealing opportunity to acquire a distinctive and fully income-producing commercial investment within a popular and well-supported town centre location.