Asda Express, Mesnes Road, Wigan WN1 2DD
Wigan, WN1 2DD
Investment Summary
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Prime convenience store investment inWigan, Greater Manchester
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Wigan is a major town in Greater Manchester with a borough population of over 329,000
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Prominent roadside location in a densely populated residential area
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Purpose built convenience store
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Total gross internal floor area of 4,404 sq ft (409.3 sq m)
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Securely let to Asda Stores Limited
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New full repairing and insuring lease for a term of 15 years wef 2nd October 2025, expiring 1st October 2040
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Initial rental income of £100,000 per annum (£22.70 psf)
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Rent to be reviewed 5 yearly in line with CPI (2-4% cap and collar) annually compounded
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Tenant option to renew for a further 15 years.
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Held majority Freehold
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