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Land, in 3 - 7 Arcade Street, £175,000
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Flat

3 - 7 Arcade Street, Wigan, Wigan, WN1 1DE
£175,000
+40.0%
AuctionFreehold

Price History

Initial price £125,000
Jun 4, 2026 £175,000
Price Change 40.0%

A freehold commercial property in Wigan town centre comprises a two-storey mid-terraced building of traditional brick construction beneath a pitched slate roof. The property is arranged across two self-contained commercial units, each let on full repairing and insuring leases. Unit 3 is a former barber shop with a new five-year lease agreed at £6,600 per annum, while Units 5-7, currently occupied by Envy Lounge Bar, are let for £19,200 per annum. The combined passing rent is £25,800 per annum, and both units qualify for 100% Small Business Rate Relief. The upper floors offer potential for residential conversion subject to planning consent, and the property has a Rateable Value of £10,950.