This property has been taken off the market.

House For Sale Land Street, Wigan, WN6

£55,000

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Last Updated: 14th May 2024

Description

**INVESTMENT OPPORTUNITY**

FOR SALE BY INFORMAL TENDER - 12NOON ON 30/6/2024

The property comprises approximately 195m2 of land which is currently used for garaging and includes six garages.

The 6 garages are currently occupied, on the basis of licence agreements for the year ending April 2025 the gross receipts are anticipated to be £4,900, we estimate potential growth to £6,240p.a. on the basis of scope to increase to £20/week.

The garages are of brick construction under mono-pitched slate roof with hinged access doors to the front. The red edged garage is subject to a 999 year lease to a third party, the freehold interest of this garage is included in the sale at £5pa.
Agent Details
T Fazakerley & Son
3 Wrightington Street, Swinley, Wigan, WN1 2AZ

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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