Commercial properties for sale by Fletcher CRE LTD, Bolton, include under offer, sold STC

The opportunity is to acquire a part income-producing investment let to a national tenant, with asset management and redevelopment potential to the upper floors. The ground floor is let to Medivet on a 15-year lease from June 2021 at a rental of £16,500 per annum. The property also benefits from self-contained first floor accommodation, currently vacant, offering conversion potential subject to the necessary planning consents. The property comprises a substantial former bank premises arranged over basement, ground and first floors, occupying a highly prominent position within the town centre. The ground floor accommodation is demised to Medivet and provides a large reception/waiting area, consulting rooms and surgeries, fitted out to a good standard in line with its current veterinary use. The first floor is accessed independently via Chapel Street and formerly operated as a Masonic Lodge. The accommodation includes a large open-plan meeting hall, kitchen facilities, W.Cs and a series of ancillary rooms. Whilst refurbishment works are required, the upper floors retain a number of attractive period features and present an opportunity for alternative use or redevelopment, subject to planning.

The property comprises a well-presented mid-terrace, two-storey commercial unit of traditional construction, arranged to provide ground floor retail/office/studio accommodation with a self-contained first floor office suite above. The ground floor offers refurbished open-plan retail and studio-style workspace finished to a good modern standard. The accommodation benefits from exposed timber beams, feature wall finishes, contemporary lighting, modern heating installations and durable floor coverings. The layout provides flexible working and display space together with ancillary accommodation including WC facilities and rear working/storage areas. The overall presentation creates an attractive and adaptable environment suitable for a variety of retail, office or creative studio occupiers. The first floor is fully self-contained and accessed independently via its own dedicated entrance from Leigh Road. The accommodation is well-configured, benefits from good natural light, fitted lighting and heating, and is currently let for beauty use at a rent of £6,000 per annum on a rolling six-month agreement. The independent access arrangement allows the upper floor to operate as a separate occupational unit, providing flexibility and income potential for both owner-occupiers and investors. Overall, the property represents a versatile and well-maintained two-storey commercial unit within an established retail parade location, suitable for a range of retail, office and studio-sty

The property comprises an established garage colony of 10 garages, understood to comprise 9 single garages and 1 double garage, situated on an overall site extending to approximately 0.15 acres (0.06 hectares). The garages have recently benefited from refurbishment works, including the removal of the previous asbestos roof coverings and installation of new metal-clad roofs and up-and-over garage doors. Each garage benefits from parking for a single vehicle directly in front, providing additional useful parking and improved access to each unit. The garages do not currently benefit from mains electricity or water supplies. A proportion of the overall site area comprises rear access/alleyways serving the adjoining residential properties.