Summary - 27 LIBRARY STREET WIGAN WN1 1NN
1 bed 1 bath Commercial Property
Part-let town centre building with immediate rental and letting potential.
Part-let investment on prominent main road frontage
One unit let at £9,250 pa on a 5-year lease from Mar 2023
Vacant ground-floor retail with basement and upper offices to let
Tudor Revival façade and large bay windows provide strong curb appeal
Small plot and low internal ceiling heights in parts
Local area classed as very deprived, may affect rental values
Tenure unspecified; buyer should confirm title and liabilities
Refurbishment/marketing likely needed to secure new lettings
This prominent Library Street property offers a part-let, income-producing commercial investment in Wigan town centre. No. 29 is let to an estate agent on a five-year lease from March 2023, producing £9,250 pa; the remaining ground-floor retail unit (with basement) and first- and second-floor offices are currently vacant and being marketed to let either together or separately.
The building's Tudor Revival façade and large bay windows give strong street presence and character, while the ground-floor display windows suit retail use and the upper floors suit office occupiers. Its location close to Wigan Life Centre and both regional and national rail stations ensures steady footfall and transport links for tenants.
Buyers should note a number of practical points: the property sits in a very deprived local area classification which can affect rental levels and tenant mix; the plot is small and the internal ceiling heights are low in parts; tenure is not specified; and parts of the building require marketing and possible refurbishment to let or repurpose. These are balanced by the scope to increase income by letting vacant units or refurbishing to higher-value uses.
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