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Pier House Wallgate 12,282 SF 99% Leased Office Building Wigan WN3 4AL $2,045,904 CAD ($166.58 CAD/SF) 9.24% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent transport links with direct access to motorways, trains, and Manchester Airport
- Instant income with reliable rental yield of 9.24%
- 19 offices currently leased to 11 tenants
- Unique blend of history, character, and modern potential
- Diversified tenant base minimizes risk
- Multiple expansion and redevelopment options (subject to planning)
EXECUTIVE SUMMARY
Pier House is a well let, multi-tenanted investment opportunity that could also suit a range of development opportunities (STP).
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
12,282 SF
Building Class
B
Year Built/Renovated
1900/2005
Price
$2,045,904 CAD
Price Per SF
$166.58 CAD
Cap Rate
9.24%
NOI
$189,041 CAD
Percent Leased
99%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,071 SF
AMENITIES
- 24 Hour Access
- Raised Floor
- Security System
- Accent Lighting
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Office space to rent on a flexible basis. Rent: £300 pcm, term of years to be agreed
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 7 | 130 SF | Office | Partial Build-Out | Now |
1st Fl-Ste 7
| Size |
| 130 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 7
| Size | 130 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Office space to rent on a flexible basis. Rent: £300 pcm, term of years to be agreed
1 1
1 of 15
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Pier House | Wallgate
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