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Warehouse for sale

28, 28A & 28B Grecian Mill, Worsley Road, Worsley


Property Description

Key features

  • Substantial semi-detached industrial building
  • Split to form 3 x letting units
  • Current income of 18,500 p.a. exclusive - part vacan
  • Each unit self-contained and separately metered
  • Just off M61 and A575
  • Concrete surfaced yard and parking

Full description

The subject property is located on the Grecian Mill development which is situated off the A575 Worsley Road North with access also available from Norfolk Street.
The development is a well established and popular mixed use industrial site with excellent transport links and on the fringes of Bolton, Farnworth and Walkden town centre.
The subject property comprises a semi-detached and regular shaped industrial unit which has subsequently been sub-divided into 3 separate lettable units.
The building is traditionally constructed with brick elevations beneath a pitched and asbestos roof covering incorporating 10% roof lights.
Each unit is self-contained with their own loading doors, 3 phase power, concrete floor and amenities.
We have measured the property in accordance with the RICS Code of Measuring practice (6th Edition), and accordingly we have calculated the following approximate Net Internal areas:
Sq m Sq ft
Unit 28 360.00 3,875
Unit 28A 376.61 4,054
Unit 28B 118.90 1,281
TOTAL 855.51 9,210
The mains services connected to the property include 3-phase electricity, water and, of course, mains drainage.
We understand that each unit has their own services metered.
Please note that Lamb & Swift Commercial have not tested any of the service installations or appliances connected to the property.
Each unit is separately rated for 2015/2016 Business Rates purposes as follows:-
Unit 28: Rateable Value £14,250 Rates Payable £7,025
Unit 28A: Rateable Value £10,250 Rates Payable £5,053
Unit 28B: Rateable Value £5,200 Rates Payable £2,564
Interested Parties are advised to verify this information direct with the Local Rating Authority.
Unit 28 is let to I Barrick Scaffold on an informal agreement producing £12,500 p.a. exclusive.
Unit 28A is let to Mr Kevin O’Flaherty t/as Grecian Motors producing £6,000 p.a. exclusive.
Unit 28B is vacant.
£229,950 exclusive
Each party are to be responsible for their own legal costs involved in the transaction.
VAT may be applicable and if so, will be charged at the prevailing rate.
An EPC has been commissioned and a copy of the Report can be provided upon request.
Strictly by appointment with sole agents,
Contact: Daniel Westwell and Andrew Kerr

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