Summary - 1, Wrigley Head, Failsworth, MANCHESTER M35 9BS
1 bed 1 bath Commercial Property
Large freehold site with redevelopment upside near M60 Junction 22.
Freehold multi-let industrial, retail, yard and one residential unit
A large freehold, multi-let site in Wrigley Head offering industrial, retail, yard and one residential unit. The estate produces a current net rental income of £194,000pa with identified rental uplift potential to c.£211,000pa and sits close to the M60 Junction 22 — good for occupier and developer access.
The site includes approximately 51,600 sq ft of existing accommodation together with 0.84 acres of additional land to the rear. The owner is marketing this as a redevelopment opportunity: planning to be sought for nine industrial units (STP), giving clear scope for value-add development or reconfiguration for higher returns.
Known issues are straightforward: the buildings are older (pre-1900 construction), EPC band E, assumed solid brick walls with no insulation, and some units will need refurbishment or upgrading before reletting. The surrounding locality is classified as very deprived, which may affect tenant profiles and funding terms, though current crime levels are reported as very low.
This proposition suits investors or developers seeking a value-add industrial scheme close to major road links. Expect immediate income from multi-let assets alongside medium-term redevelopment potential once planning is progressed.
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