Investment Property in Farnworth, Bolton
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Rent £10,920 per annum
- Full repairing and insuring terms
- Let to operator as Hot Food Takeaway
- The current tenant is on their 2nd lease having occupied the property since 2018
- 7 year lease from 16th October 2024
- 3 yearly rent reviews
- Nearby very busy main road and motorway, close to businesses, public transport links and residential dwellings
Description
INVESTMENT PROPERTY: FARNWORTH: Located within the town centre, very busy main road nearby motorway, close to businesses, public transport links and residential dwellings. The entire property is currently let to an owner operator and trading as busy takeaway and let on a 7 year lease from 16th October 2024 on full repairing and insuring terms, with 3 year rent reviews with an annual rent £10,920 per annum.
LOCATION
This property is located within the town centre of Farnworth. It is situated besides nearby a very busy main road and motorway and is surrounded by many other businesses, public transport links and residential dwellings. Farnworth is a town in the Metropolitan Borough of Bolton, within the historic county of Lancashire. Farnworth lies on the River Irwell and River Croal and according to the 2011 Census, it had a growing population of 26,939.
Bolton is a town in Greater Manchester in England. In the foothills of the West Pennine Moors, Bolton is located between Manchester, Blackburn, Wigan, Bury and Salford.
PROPERTY DESCRIPTION
The entire property is currently let to an owner operator and trading as busy takeaway and let on a 7 year lease from 16th October 2024 on full repairing and insuring terms, with 3 year rent reviews with an annual rent £10,920 per annum. The tenant has occupied the premises since 2018.
The premises provides ordering area, service area, kitchen, preparation room and exit to yard & storeroom. Stairs leading to preparation room and 1st floor providing 2 large rooms and bathroom.
Floor Areas:
(from Government Business Rate Valuation Office)
Description: Area m²
Ground floor retail zone a 19.1
Ground floor retail area 18.3
Ground floor kitchen 12.5
First floor internal storage 33.4
Total 83.3
Notes
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