An attractive and high-yielding commercial investment opportunity generating £102,960 of annual rent via 4 tenancies. The property comprises 2 ground floor retail premises, a night club on the basement level, and office space to the 1st floor. All premises are fully let with formal tenancy agreements in place. The property enjoys a prime corner location and road frontage to Market Street, Farnworth and will appeal to landlords looking to add a sizeable commercial rental income to their portfolio.
Planning
For any pre-application advice, interested parties should consult directly with the Local Planning Authority: Bolton Council, Development Management, Town Hall, Bolton, BL1 1RU. Telephone: 01204 336 000. Email: planning.control@bolton.gov.uk
Tenancy
Unit/Tenant
Storey
Annual Rent
Beauty Salon
Ground floor
£9,360pa
Little Boppers retail
Ground floor
£15,600
Nightclub
Basement
£26,000
GRS Accountants
First floor
£52,000
Total
£102,960
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 29TH APRIL AND CLOSES ON WEDNESDAY 30TH APRIL.
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