Investment Opportunity

 

Summary

  • STRONG COVENANT TENANT
  • LOW-MAINTENANCE INVESTMENT
  • PROMINENT CORNER BUILDING
  • GREAT LOCATION

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Ground 1,285 119.38 Available
1st 907 84.26 Available
Total2,192203.64
2 Cross Street - 17.jpg

Location

Situated at 2 Cross Street, Hindley, Wigan (WN2 3AT), this property benefits from a highly visible location in a vibrant and busy area. Hindley is a thriving town with a blend of residential and commercial activity, ensuring a regular flow of visitors. Cross Street offers close proximity to a range of local amenities, including independent retailers, cafes, and essential services, creating a convenient environment for both staff and customers.

The property is well-served by public transport, with Hindley Railway Station just a short walk away, and excellent road connections via the A577 and nearby M61. This central position provides easy access to Wigan and surrounding towns, making it an ideal location for a variety of different uses.

Get directions from Google Maps

Further Information

Price Offers in excess of £165,000

Rates Payable Current rateable value (1 April 2023 to present)

Service Charge n/a


Description

2 Cross Street is a prime investment opportunity, let to MYDENTIST, one of the UK’s largest dental care providers, on a full repairing and insuring lease expiring in 2034. With the current rent passing of £13,000 pax due a rent review (5-yearly reviews), this property provides a strong income stream backed by a secure tenant covenant, making it an attractive proposition for investors seeking long-term stability.

The building comprises a traditional brick construction with a prominent corner position, offering excellent visibility. It has been configured to meet the tenant’s operational needs, ensuring ongoing suitability and retention. This asset offers a rare opportunity to acquire a well-performing, income-producing property with a nationally recognised tenant in place and minimal management requirements.

Viewings

Viewings strictly by appointment only with sole agents HALLAMS.

Terms

The premises are available by way of freehold disposal.