Summary - 25 25, 79 & 29 Library Street, Wigan, Greater Manchester WN1 1NN WN1 1NN
1 bed 1 bath Retail Property (high street)
Part-let retail with conversion upside and central town centre location.
Freehold high-street location directly on Library Street, strong footfall
A central high-street freehold offering income and redevelopment potential in Wigan town centre. The lot comprises two ground-floor retail units with basements plus first- and second-floor offices; No.29 is let to an estate agent at £9,250 per annum on a five-year lease from March 2023. The property sits on Library Street close to the Town Hall, transport links and strong pedestrian footfall.
The upper floors are vacant and considered suitable for alternative uses or residential conversion subject to planning and building regulations. This creates clear short-term upside for an investor prepared to redevelop or refurbish; the combined internal area offers flexible layouts across circa 790 sq ft of office accommodation plus retail and basement space.
Practical matters: heating is by electric room heaters, EPCs are 25 (E) and 29 (C), and the sale is by online auction with an administration fee (2.5% inc VAT, min £2,500). The property is in a very deprived local area which supports demand for affordable town-centre uses but also indicates rental growth may be limited without active repositioning.
This lot suits an investor seeking a buy-to-let holding with immediate rental income and medium-term value uplift via refurbishment or change of use, or a purchaser able to secure planning for residential conversion of upper floors.
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