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309 Bolton Road, Bury, BL8 2PD

1,388 Sq Ft / Retail / Retail - High Street

For Sale - £165,000.00

Under Offer - Last updated: 08 September 2021

Summary

Pearson Ferrier Commercial (Voted Number 1 Commercial Agent In Greater Manchester For Disposals 2021) are delighted to present to the market this income earning commercial premises that will be attractive to both INVESTORS and OWNER OCCUPIERS!!

WALK THROUGH VIDEO AVAILABLE TO VIEW.

Generating a YIELD OF 7.57% on the current asking price with potential to increase the rental income.

This 1388 sq ft, 2 storey commercial premises is located in this sought after parade of businesses, on the main Bolton Road leading out of Bury town centre.
The current long established tenant occupies both floors of the premises with the potential to INCREASE on the current rental income.

The property is currently configured to the tenants requirements, but could easily be reconfigured to incorporate both commercial and residential uses which would increase the potential rent income.

Currently to the ground floor measures approximately 869 sq ft (80.81 sqm) split into 3 main floor sections, plus kitchen, storeroom with roller shutter door to the rear and w.c facilities.
To the first floor which measures approximately 520 sq ft(48.27 sqm), used for storage and alterations by the current tenant, you will find 3 separate rooms along with W.C facilities where you will find the central heating boiler.

This is a long lease hold property.

VIEWING BY APPOINTMENT ONLY


Key Points

  • 1388 SQ FT
  • IDEAL FOR BOTH INVESTORS OR OWNER OCCUPIERS.
  • INCOMING EARNING WITH 7.57 % YIELD
  • WALK THROUGH VIDEO AVAILABLE
  • SOUGHT AFTER PARADE OF ESTABLISHED BUSINESSES
  • POTENTIAL TO INCREASE RENTAL INCOME

  • VAT

    We understand the property is not liable for vat.

    Location

    Located on Bolton Road only 1/2 mile from Bury Town and the exchange/ metro link station. Approximately 2 miles from Junction 2 M66 Manchester motorway network. Manchester City Centre is only 10 miles away and is the commercial, financial, educational and cultural capital of the north and is home to the UK’s strongest economic centre outside London and the South East.

    Property Quote Price(s)

    DescriptionSale typeGuide pricePrice type
      For Sale Leasehold £165,000.00 NA

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    Contact agents

    Michael Pearson

    Pearson Ferrier

    0161 401 3055

    Oliver Grant

    Pearson Ferrier

    0161 401 1340



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