165-169 Bolton Road, Bury

4,000 Sq Ft
£375,000
  • Ref: 61726
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Property Features

  • Potentially Rental Income In The Region of £40,000 Per Annum
  • Ideal Purchase For Developer/Investor
  • Prominent Main Road Position
  • Part Tenanted
  • In Excess of 4,000 SQFT
  • Plenty of Development Scope
  • Owner Willing To Split The Units And Sell Individually

Property Summary

Fantastic And Rare Opportunity To Acquire Such A Substantial And Prominent Part Tenanted Investment/Development Property

Full Details

Pearson Ferrier Commercial are delighted to bring to market this fantastic and rare opportunity to acquire such a substantial and prominent part tenanted investment/development property located within the highly sought after area of Elton.

Measuring in excess of 4000 SQFT, the property consists of 2 commercial units, one currently occupied by ' Pen Thai' until July 2023 achieving £11,300 per annum and the other is currently vacant with a potential rental income of £10,000 per annum.

The upper floor, previously used as office space, is now completely vacant and offers fantastic potential to develop into a MINIMUM of 3 very well sized 1 bed flats, that will each achieve £550 a month. The upper floor is accessed from the main road to the left of vacant commercial unit.

When fully developed and tenanted we expect the property to achieve in the region of £40,000 per annum rent, which represents a yield of over 10%

Location
Bolton Road, Bury

VAT
Property is not liable for VAT