Bolton Road West, Ramsbottom, Bury
- PROPERTY TYPE
Commercial Property
- SIZE
3,996 sq ft
371 sq m
Key features
- Ideal Opportunity For Commercial Investors & Developers
- Income Producing £40,200 Per Annum
- Side Street Parking Close-By
- Potential For Conversions, Subject To Planning
- Close To The Retail Centre Of Ramsbottom
Description
The premise set over three storeys. a basement used for storage accessed from one of the ground floor tenants, with a ground floor split into 2 units (accounting business & barbers) and first floor currently used as a open plan dance studio.
The property is sold with tenants in situ and only becoming available for sale as the current landlords other business commitments mean they wish to focus on other projects.
Thanks to its size, prominent busy main road prominent location and multiple tenants, this would be ideal for a commercial investor or commercial developer to acquire, as this offers great potential for investment or potential conversions, subject to planning permissions.
Existing Leases
All 3 tenants are on a rolling lease at present, with new, longer leases to be arranged by the incoming purchaser
Rental Income
Please be advised the rental income is currently £36,204 and increases to £40,200 from 1st may 2025
Rates
According to the Valuations Office Agency (VOA) 10 Bolton Road West has a current rateable value of £7,000.
There is no record for the units 8 or 8a & 10a Bolton Road West.
VAT
We are advised that these premises are not elected for VAT and therefore VAT will not apply to the purchase price.
Legal Costs
Each party to be responsible for their own legal costs in the transaction.
EPC
An EPC is in the process of being commissioned.
Total Approximate Sq Ft: 3,996
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Brochures
Bolton Road West, Ramsbottom, BuryBrochureBolton Road West, Ramsbottom, Bury
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bury Interchange Tram Stop3.7 miles
- Bury Station3.7 miles
- Entwistle Station3.9 miles
About the agent
Charles Louis is a completely independent family run business with combined industry experience of well over 100 years within property sales and finance.
We are well established in the area and we have a specialist presence across the entire county, which is accentuated by our prime position in the centre of Ramsbottom.
At Charles Louis Homes we are totally committed to our clients, which is why we are available 7 days a week from
Notes
Disclaimer - Property reference 31805353. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Charles Louis Homes Limited, Ramsbottom. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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