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87 Bradshawgate, Bolton, Greater Manchester, BL1

Fixed Price
£200,000

£206.40 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

969 sq ft

90 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Key features

  • Comprises ground floor retail shop with 2 parking spaces at rear
  • VAT is applicable to this property
  • Rental Income: £15,000 p.a.
  • Gross Initial Yield: 7.50%

Description

Investment Consideration:
Gross Initial Yield: 7.50%
Rental Income: £15,000 p.a.
VAT is applicable to this property
Comprises ground floor retail shop with 2 parking spaces at rear
Bolton town centre has recently been redeveloped, and government funding secured for further redevelopment
Situated within 5 min walk from Bolton Train Station with occupiers nearby including post office, restaurants/takeaways, convenience store, JD Wetherspoon and more.

Property Description:
Comprises mid-terrace ground floor shop with 2 parking spaces, currently t/a estate agents and providing the following accommodation and dimensions:
Ground Floor: 90 sq m (969 sq ft)
Open plan retail, kitchenette, wc

Tenancy:
The property is at present let to an Individual for a term of 5 years from 5th September 2024 at a current rent of £15,000 per annum and the lease contains full repairing and insuring covenants. Rent review every 2 years open market, upward only. Tenant and Landlord mutually have right to determine the lease on or after the 3rd year anniversary with 3 months? notice. Rent deposit held of £3,750.

Tenure:
Long Leasehold. Held on a 250 Year lease from 1st January 2014 at a ground rent of £250 p.a. Rent review linked to RPI on 1st July 2024 and every 5 years thereafter.

Location:
Bolton is a town in Greater Manchester in England. In the foothills of the West Pennine Moors, Bolton is between Manchester, Blackburn, Wigan, Bury and Salford. It is surrounded by several towns and villages that form the wider borough, of which Bolton is the administrative centre. The property is situated in the heart of the town centre within 5 min walk from Bolton Train Station with occupiers nearby including post office, restaurants/takeaways, convenience store, JD Wetherspoon and more.

Brochures

87 Bradshawgate, Bolton, Greater Manchester, BL1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bolton Station0.3 miles
  • Hall i' th' Wood Station1.5 miles
  • Moses Gate Station1.7 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

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