Asda Express, Mesnes Road, Wigan WN1 2DD

Wigan, WN1 2DD

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Available
Asda Express, Mesnes Road, Wigan WN1 2DD
Price £1,640,000
Rent (pa) £100,000
Yield 5.74%

Investment Summary

  • Prime convenience store investment inWigan, Greater Manchester

  • Wigan is a major town in Greater Manchester with a borough population of over 329,000

  • Prominent roadside location in a densely populated residential area

  • Purpose built convenience store

  • Total gross internal floor area of 4,404 sq ft (409.3 sq m)

  • Securely let to Asda Stores Limited

  • New full repairing and insuring lease for a term of 15 years wef 2nd October 2025, expiring 1st October 2040

  • Initial rental income of £100,000 per annum (£22.70 psf)

  • Rent to be reviewed 5 yearly in line with CPI (2-4% cap and collar) annually compounded

  • Tenant option to renew for a further 15 years.

  • Held majority Freehold

Town Wigan
Postcode WN1 2DD
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