Income Producing Investment ***WITH PLANNING*** for new development of 12 Resi Units & 2 Retail Units
Summary
- Two Storey Retail Unit
- Self Contained Income Producing
- Producing £21,750 p.a
- Planning for 12 flats & 2 Retail Units
- Planning Ref: 11548/21
- 3 Parking Spaces
- Prominently Located
- Within 1.2 Miles of M61
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Ground | 2,165 | 201.14 | Available |
| 1st | 886 | 82.31 | Available |
| Total | 3,051 | 283.45 |
Location
Investment/development prominently located with direct frontage onto Market Street. The immediate area provides a mix of retail/trade and leisure occupiers
Bolton- 2.8 miles
Manchester- 9.4 miles
Junction 21 M61- 1.2 miles
Adjacent occupiers include Home Bargains, Al Murad Tiles,Golita & Sons
Get directions from Google Maps
Mainline Stations
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Farnworth4 mins
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Moses Gate12 mins
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Kearsley (Manchester)15 mins
-
Walkden38 mins
Underground Station
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Chesham2851 mins
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Amersham2889 mins
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Chalfont and Latimer2915 mins
-
Chorleywood2948 mins
Further Information
Price £350,000
Rates Payable £4.25 per sq ft
Description
A 3051 sq.ft. self contained two storey retail Investment. The property which can be summarised as follows:
• Of traditional construction with full height brick elevations with a pitched slate roof
• Providing a mix of retail, office and back office space
• Let to Lloyds Bank Plc for a term of 3 years from March 2023 at a rent of £21,750 per annum
• Planning permission granted for demolition and erection of new three storey self contained mixed use building
• Planning Reference 11548/21 - 2 x ground floor units and 12 new apartments (8x1 beds & 6 x 2 beds)
• Planning Portal https://paplanning.bolton.gov.uk/onlineapplications/simpleSearchResults.do?action=fi rstPage
• Opportunity to enhance existing income through re-development or asset management of existing tenancy
• Parking for 3 cars
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