CASA SALES AND LETTINGS are delighted to bring to the market for SALE this well-positioned mixed-use commercial property located in the centre of Leigh town centre. The ground floor comprises an established retail unit currently occupied and generating secure rental income of £18k per annum.
Planning has been submitted for the upper floor to be converted into four 1-bedroom apartments, with an estimated rental income of approximately £33,000 per annum, bringing the total potential income to £50,000 per annum, around 10% yield.
This property presents an excellent investment opportunity, offering strong yields and long-term potential in a popular location.
Additionally, Wigan Council grant may be available for the front face lift scheme, with only a 10% contribution required from the owner, providing an affordable way to enhance kerb appeal and long term value.
Well-positioned facing the busy Home Bargains and full of potential, this property represents a versatile development or income-generating opportunity.
Great commuter links, V1 guided busway to Manchester 5 minutes walk away and the East Lancs Road a short drive away.
Our helpful team are on hand to answer any queries and concerns you may have.