Investment Properties for sale in Wigan

View the "Freehold Commercial Investment Property, Near Wigan, Greater Manchester, For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Ian McGregor (Nov 2013)
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Freehold Price: £400,000
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Business Description
Aspire is delighted to offer for sale this substantial commercial investment property, currently tenanted with garage repairs and car sales businesses, located on the outskirts of Wigan, Greater Manchester.
Situated in an enviable trading position, on a prominent corner site, the premises are ideally placed to attract much passing attention. The property sits within easy reach of a range of amenities, available both locally and further afield in the city centre, and the motorway network is just a few minutes drive away, offering good access to the local conurbations and further afield.

There are two businesses trading within the extensive property, operated by two tenants. This generates an annual rental income of £30,000 plus VAT.

There is a garage services, repairs and MOT business, which has been established since the 1960’s. The garage has developed an excellent reputation in the area, ensuring high trade levels with an extensive client base. The workshop is very well equipped with a range of specialist garage and MOT equipment, along with both staff and customer areas.
The garage owner is happy to sign a 10 – 15 year lease for the continuation of the business.

Also on the premises is a well-established indoor car showroom and sales business with forecourt. Again, this is fully equipped for the trade and is a prosperous business.
The car sales business owner has recently signed a 7 year lease.

Freehold Commercial Investment Property for sale - £400,000 plus VAT
Annual income - £30,000 plus VAT

This is a unique opportunity to acquire a substantial investment property, with two long-term tenants in place, generating an excellent return. Prompt confidential discussions with Aspire must come strongly recommended.

www.aspirebusinesses.co.uk
Tenure: Freehold

Location Details:

The business is situated in an enviable trading position, on a prominent corner site, the premises are ideally placed to attract much passing attention. The property sits wihtin easy reach of a range of amenenites, available both locally and further afield in the city centre, and the motorway network is just a few minutes drive away, offering good access to the local conurbations and further afield.

Listed by: Aspire
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