70 Bridge Street, Ramsbottom, Bury, Lancashire, BL0 9AG
£175.13 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,142 sq ft
106 sq m
- SECTOR
High street retail property for sale
Key features
- An attractive stone built retail/residential property in a popular main road location
- Mixed use investment property offering an annual income of £16,590 per annum (8.2% yield before purchasing costs)
- Businesses in the immediate vicinity include Morrisons, Lidl, and Tesco Superstore
- Long standing commercial tenant for approximately 20 years generating an income of £687 per calendar month
- Modern and recently refurbished self contained flat generating an income of £695 per calendar month
- Highly popular location with fantastic access to the M60 motorway network
- Prime gable end retail location in the highly sort after and bustling market town of Ramsbottom
- No VAT in relation to the purchase price
Description
The property is located on Bridge Street in the heart of Ramsbottom town centre with other businesses in the immediate vicinity including Morrisons, Aldi and Tesco Superstore.
Ramsbottom has a population of approximately 17,000 residents with good access to the M60 motorway network and is within a short drive of Bolton, Bury, and Rawtenstall.
Bridge Street is one of the most prominent retail parades within Ramsbottom and is in close proximity to all local amenities.
Description
A retail / residential premises situated in the highly popular market town of Ramsbottom.
The property is of stone construction under a pitched slate roof and offers open plan retail accommodation on the ground floor.
To the rear of the property is access to a single storey first floor apartment which comprises of an open plan lounge with separate kitchen, bathroom and two generously sized bedrooms (see attached floorplans overleaf).
The property is a fully let investment generating an income of £16,590 per annum (8.2% yield before purchasing costs).
VAT
Whiteacres have been advised that the purchase price in relation to this property is not subject to VAT, however this information must be checked and verified by a purchaser prior to making any legal commitment.
Services
We understand the property has the benefit of mains electricity, water and gas.
Legal Costs
Each party is to be responsible for their own legal costs.
Viewings
Please contact the agents:
Kelly McDermott
Aaron Pilling
Whiteacres Property
Church House, 10 Church Street, Padiham, BB12 8HG
Accommodation
The accommodation has been measured on a gross internal basis and extends to the following approximate areas
Services Responsibility
It is the prospective purchaser's responsibility to verify that all services, appliances are in working order and are of suitable purpose being adequate for their needs.
Each property is individually metered with the services being accessed via the rear of the commercial unit.
Brochures
70 Bridge Street, Ramsbottom, Bury, Lancashire, BL0 9AG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bury Interchange Tram Stop4.0 miles
- Entwistle Station4.0 miles
- Bury Station4.0 miles
About Whiteacres Property, Burnley
Church House 10 Church Street Padiham Burnley BB12 8HG
Whiteacres Property are based close to junction 8 of the M65 which is well positioned to service clients throughout East Lancashire.
We offer a pro-active and experienced service sourcing tenants and purchasers for commercial landlords throughout the area.
Whiteacres Property have a range of commercial properties to suit most budgets and are always keen to speak to both landlords and tenants about their needs.
Notes
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