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COMMERCIAL

Launderette & Dry Cleaners, 59 Plodder Lane, Farnworth, Bolton, Lancashire, BL4 0BX

Guide Price
£260,000
Newton & Co Ltd, Bolton
PROPERTY TYPE

Shop

BEDROOMS

2

BATHROOMS

2

SIZE

1,688 sq ft

157 sq m

Floor/Site plan 1
1

Key features

  • Semi-Detached Mixed-Use Investment Opportunity
  • Established Launderette & Dry Cleaners Business Included
  • Prominent Position on Plodder Lane
  • Currently Configured As Two One-Bedroom Flats Above
  • Separate Access to Residential Accommodation
  • Rear Yard with Outhouse and WC
  • Private Forecourt and Side Parking
  • Income-Producing Asset with Residential Units Currently Occupied

Description

An established mixed-use investment opportunity occupying a prominent end-terrace position on Plodder Lane, comprising a ground floor laundrette and dry cleaners with residential accommodation arranged above.

The Shop
The commercial element occupies the ground floor and is currently operating as a laundrette and dry cleaners, with a well-defined customer area to the front and a substantial rear workspace providing storage, sorting and operational facilities.

The layout offers a practical and established setup for continued use, with flexibility for future reconfiguration if required. To the rear, there is access to a yard area along with an outhouse incorporating a WC.

The business is understood to be included within the sale, with equipment reportedly owned outright.

Residential Accommodation
The upper floors are accessed separately and are currently arranged as two one-bedroom flats.

Flat 1 is positioned to the front and provides straightforward living accommodation, including an open-plan lounge/kitchen, separate bedroom and shower room.

Flat 2 is arranged to the rear and offers a more generous layout, with open-plan living space, access onto a private terrace, and a staircase rising to a loft-style bedroom with ensuite facilities, creating a duplex-style arrangement.

The flats are well maintained and fully functional, with kitchens, bathrooms and replastering completed approximately seven years ago. They would now benefit primarily from cosmetic updating to suit individual taste, rather than any significant refurbishment.

The residential accommodation is served via shared services, including a single boiler and meter arrangement for the flats.

Both flats are understood to be registered for Council Tax (Band A).

External
The property is semi-detached and benefits from a private forecourt to the front, along with parking positioned to the side.

Investment Overview
The property combines an established commercial operation with residential accommodation above, offering an attractive opportunity for investors seeking a mixed-use asset with scope for ongoing optimisation.

The residential units are currently occupied; however, buyers should note that tenancy arrangements and documentation are limited and will require review. The lettings are not currently managed by Newton & Co.

Important Information
Buyers are advised that:

  • The upper floors are currently arranged as two flats; however, confirmation of planning permission and building regulation approvals has not been provided
  • EPCs are in the process of being commissioned
  • The commercial and residential elements operate on separate services (no shared boiler or meters)
  • The residential lettings are not managed by Newton & Co, and we have not been involved in the ongoing management or compliance of the tenancies
  • Buyers should rely on their own enquiries in respect of planning, building regulations, tenancy compliance and overall legal status of the residential accommodation

Newton & Co has had no involvement in the management of the residential tenancies and cannot verify compliance with current lettings legislation.

This property is a rare opportunity to acquire a ready-made business with a proven track record and significant potential for growth and sustained income. The current operation of the laundrette means a new owner can take over a functioning enterprise without the initial setup costs and challenges associated with starting a new venture. The inclusion of the residential apartments adds considerable value, offering either a convenient living arrangement or an additional income stream, thereby maximising the property's overall investment potential.

Investors seeking a robust asset with immediate returns and long-term capital appreciation should give serious consideration to 59 Plodder Lane. Its blend of a successful commercial operation, a desirable residential unit, and a prime location makes it a standout offering in the Bolton property market. Early viewing is highly recommended to fully appreciate the scope and potential of this exceptional investment opportunity. Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited.

Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.8% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

Launderette & Dry Cleaners, 59 Plodder Lane, Farnworth, Bolton, Lancashire, BL4 0BX

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Moses Gate Station0.7 miles
  • Farnworth Station1.0 miles
  • Kearsley Station1.6 miles

About Newton & Co Ltd, Bolton

149 Darwen Road Bromley Cross Bolton BL7 9BG

Welcome to Newton & Co estate agents, a bespoke property specialist covering Bolton, Bury and the surrounding areas.

We believe you need something special to stand out in the local housing market. There are plenty of people looking to move, and the smallest details can give you the cutting edge.

Luckily, it's the small details where we excel. We go that extra mile to create irresistible tailored marketing that helps to get your home in front of buyers in a way that really stands out. Our experienced team combine marketing expertise with industry knowledge and skilled negotiation, selling properties where other Estate Agents struggle.

If you are thinking, trying or struggling to sell your home, call us today and let us help you get moving.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference NWT_NWT_LFSYCL_926_1058488141. 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 Newton & Co Ltd, Bolton. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Newton & Co Ltd, Bolton on 01204 952881.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Map data ©OpenStreetMap contributors.

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