Retail premises for sale in 348 Bury Road, Bolton, Lancashire BL2
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Property features
- Mixed use investment producing a gross rent of £21,612 per annum
- Gross initial yield of 11.13%
- Well established local ground floor occupier
- Prominent location along Bury Road
- Self contained flat
- Business unaffected
- 5 year lease from January 2022.
Property description
Retail (810' x 810')
The subject property is a income producing mid terrace premises with a separate self contained one bedroomed flat. The ground floor is well recognised local fish and chip shop (Paul's Chippy), leased to a private individual paying £14,560 per annum, for a period of 5 years from January 2022. The first floor flat is a self contained one bedroomed flat with a separate entrance to the rear of the property via a steel staircase. They are on a 12 month AST paying £600 per calendar month inclusive of all bills. The property produces a total gross income of £21,760 per annum.
Internally, the ground floor provide a large sales counter and servery area, with a large food preparation and cooking area. There is a W.C. And a lean to the rear which is used for storage. We have not inspected the first floor flat. Leases can be provided upon request.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Fletchers CRE, BL1 on +44 1204 911742 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Fletchers CRE, and do not constitute property particulars. Please contact Fletchers CRE for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.