1 bedroom retail property (high street) for sale

Halliwell Road, Bolton, Greater Manchester, BL1

£150,000
472 sq. ft.

Property Description

Commercial information

  • 472 sq ft (43 sq m)
  • Use class orders: A1 Shops

Key features

  • Large open plan ground floor only retail shop
  • Formerly occupied as Tattoo studio
  • Prominent position fronting busy main road
  • 1 bed self-contained flat at first floor
  • 100% rates relief for qualifying occupiers of the ground floor shop
  • May suit a number of uses STPP
  • 5,500 per annum or 150,000
  • Flat above let on an AST at a rent of 395 pcm

Full description

LOCATION
The subject property is located prominently fronting Halliwell Road (A6099), which is a very busy main road located off the A58 Ring Road and providing immediate access to the A666 St Peters Way, and in-turn, the National Motorway Network.

The immediate area is mixed in use with predominantly independent retailers along with several multi-national operators such as Lloyds Bank and Betfred.

DESCRIPTION
Comprising a substantial two storey plus basement property. At ground floor there is a lock up shop, formerly occupied by a Tattoo artist, extending to approximately 472 sq ft.

Internally, the shop is open plan and benefits from having a large PVC display window, plaster painted walls and ceiling and a mixture of fluorescent strip and spot-lighting.

There is a kitchen and separate, single WC situated to the rear of the shop.

At first floor there is a self-contained 1 bed flat with access gained from the rear of the property.

ACCOMMODATION
In accordance with the RICS Property Measurement (1st Edition), we have calculated the following approximate Net Internal Areas:

Ground floor retail 43.89 sq m (472 sq ft)

LEASE TERMS
Available by way of a new internal repairing and insuring lease for a term of years to be agreed.

VAT
VAT is not applicable.

RENTAL/SALE PRICE
£5,500 per annum exclusive for ground floor.

Alternatively the vendor will sell at a price of £150,000 excluding VAT.

The first floor flat is let by way of an Assured Shorthold Tenancy Agreement at a rental of £395 pcm / £4,740 per annum.

RATES
Rateable Value: £4,000 (2017 Rating List)

The Standard Uniform Business Rate for the 2018/2019 Financial Year is 0.493 pence in the £, or £0.480 pence in the £ for qualifying small businesses.

Qualifying Small Businesses will however benefit from 100% rates relief. Interested parties are advised to verify this information direct with the local rating authority.

SERVICES
The mains services connected to the property to include water, electricity supply and of course mains drainage. Please note that Lamb & Swift Commercial have not tested any of the service installations or appliances connected to the property.

EPC
An EPC has been commissioned and a full copy of the Report can be made available upon request.

LEGAL COSTS
Each party to be responsible for their own legal costs involved in the transaction.

VIEWING
Strictly by appointment with sole agents, LAMB & SWIFT COMMERCIAL.
Contact: Daniel Westwell or Andrew Kerr


More information from this agent

Nearest stations

  • Hall i' th' Wood (1.3 mi)
  • Bolton (1.7 mi)
  • Bromley Cross (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lamb & Swift Commercial, Bolton

179 Chorley New Road Bolton BL1 4QZ

01204 299115 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Hall i' th' Wood (1.3 mi)
  • Bolton (1.7 mi)
  • Bromley Cross (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lamb & Swift Commercial, Bolton

179 Chorley New Road Bolton BL1 4QZ

01204 299115 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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