Property Information
Address:
348 Bury Road, Bolton, Lancashire
, BL2 6DD
, Lancashire
, United Kingdom
Price: Buy: POA
Size: 810 sq ft75 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH665742
Property Ref/Agent: 1701
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 9, 2024
Property description
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.
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.
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