5 Bank Street, Bank Street, Bolton, BL1 1TS
, BL1 1TS
Price: Sale Price: £260,000
Size: 3102 sq ft288 sqm Primary Category: Shop All Categories:
Shop, Property Ref/Movehut: MH607339 Property Ref/Agent: 5 Bank Street, Bank Street, Bolton, BL1 1TS - 1410
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: August 8, 2020
This impressive period building is of traditional brick construction under a pitched slate roof and appears well appointment throughout.
Internally the accommodation is spread over 5 levels in total. The ground floor, basement and first floor are utilised as commercial retail space and occupied by a picture framing business paying £13,200 per annum*
The second and third floors provide a duplex self contained residential apartment with separate street level access. The apartment is vacant but had recently been let with a rental income of £7800 per annum.
The property presents significant potential with an opportunity to reconfigure the upper levels into separate apartments and retaining the ground floor commercial element, subject to relevant planning permission being granted.
A £1bn regeneration masterplan for Bolton town centre has recently been revealed. This includes £100m of investment from Bolton Council with the rest being made up of private sector investment. Five key areas have been earmarked for development including the nearby Church Wharf which will be designated as a new town centre quarter. The proposals include approximately 500 new homes, a new access road as well as a pedestrian route along the River Croal.
Bolton's new £48m transport interchange has recently opened in the town centre and is within a 5-minute walk of the subject property.
*No formal lease
EPC for 5 Bank Street, Bank Street, Bolton, BL1 1TS
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