8 Mar 2021

M7 Real Estate bets on Tote with further new letting at Waterside House, Wigan

M7 Real Estate (“M7”), the pan-European investor and asset manager specialising in multi-tenanted regional properties, has let 15,492 sq ft of office space at Waterside House, Wigan to sports betting company Tote.

Tote was started in 1928 by Winston Churchill and has been part of British racing for over 90 years. Tote have agreed a new seven year lease on the ground and second floors. The letting to Tote follows the recent letting to NR Barton, and means the building is now 67% occupied.

Waterside House is a modern office building comprising 30,799 sq ft over three storeys and is considered one of the best office buildings in Wigan, due to its location, specification and associated car parking.

George Gaynor, Asset Manager at M7, commented: “Following the success of the recent NR Barton lease, the new letting to Tote is another significant achievement. The new agreement which accounts for nearly 50% of the property provides increased stability to the building’s income. It is a testament to the quality of the asset that it has continued to attract new tenants, especially during the current environment.”