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Higher Market Street, Farnworth, Bolton

Key features

  • Superb investment property
  • Vacant shop to ground floor
  • Tenanted flat with access to the rear
  • Flat has accom over 2 levels
  • Flat is rented at £675pcm
  • Shop could conservatively rent at £650pcm
  • Gas central heating boilers to both properties
  • Sold with no upward chain delays

Description

Offered for sale via auction with BTG Eddisons on the 29th April as an investment opportunity is one building with two addresses and dual use with commercial usage to the ground floor and to the first floor is a self contained apartment with accommodation over two levels. Situated in the heart of Farnworth, the building is in a super location which is undergoing a great deal of improvement work locally and is in an area with a variety of businesses and residential usage, just a short walk away from farm with town centre of Farnworth and a short drive away from the motorway network via Saint Peters Way, Farnworth railway station is within easy reach which directly serves: Salford, Manchester, Bolton and beyond.At the time of writing the ground floor shop is vacant and was most recently used as a salon. Our expectancy is that the shop could comfortably rent for around £650 per Calendar a month, circa £7,800 per annum whilst we understand that the apartment upstairs is rented at £675 per calendar month (£8,100 per annum). Therefore should the shop be let for no more than our conservative estimate, there is clear potential for rental income of around £15,900 per annum.The shop is approximately 614 ft.² with an energy performance certificate rating of C and a rateable value of £5,400. With accommodation that briefly comprises; a 8.625 meter shop area with prominent shop frontage, WC/washroom, hallway/work area and kitchen and a storage area accessed from the rear yard.The flat is approximately 667 ft.² with an EPC rating of D. The accommodation briefly comprises: living room, Fitted kitchen, bathroom, bedroom and there is a staircase off the lounge into a loft room which currently houses a double bed.Externally there is a shared yard area to the rear and the apartment is accessed from an external stair staircase to the first floor.There is a walkthrough viewing video showing both the shop and the occupied flat to watch and then a viewing of the shop can be arranged by calling Cardwells Estate Agents Bolton in , emailing; or visiting

Ground Floor

The ground floor of the building is a commercial premises which has most recently been used as a salon.

Main Shop Area

28' 4'' x 13' 5'' (8.625m x 4.090m)

A prominent shop frontage with central entrance door and large shop windows to either side complete with external shutters, three radiators, previously this has been used as a salon and fixtures and fittings are in place accordingly, insect lighting, quality flooring.

WC/washroom

8' 5'' x 3' 3'' (2.568m x 0.986m)

2 piece suite comprising wash basin and WC, extractor, matching flooring from the shop area.

Store and work area.

11' 11'' x 7' 11'' (3.636m x 2.403m)

Measured at maximum points, radiator, matching flooring to the main shop area, this room opens up into the kitchen.

Kitchen

7' 1'' x 7' 8'' (2.165m x 2.349m)

Wall mounted gas combination central heating boiler, stainless steel sink and drainer, work surfaces, radiator, matching flooring to the main shop area, door out onto the rear patio.

First Floor Apartment

First floor apartment is accessed from the rear of the building via an external staircase from the rear yard.

Living Room

14' 8'' x 13' 6'' (4.475m x 4.114m)

UPVC window to the front, UPVC entrance door, radiator, carpeted floor, neutral decorations

Kitchen

12' 1'' x 7' 10'' (3.674m x 2.384m)

Professionally fitted kitchen with an excellent range of matching: drawers, base and wall cabinets, stainless steel sink and drainer, oven/grill, electric hob with extractor over, radiator, door off to the bathroom.

Bathroom

7' 4'' x 7' 10'' (2.238m x 2.383m)

A white three-piece bathroom suite comprising WC, pedestal wash hand basin and bath with electric shower, extractor, UPVC window, concealed main gas combination central heating boiler.

Bedroom

13' 2'' x 13' 7'' (4.019m x 4.136m)

UPVC window to the front with Fitted blinds, radiator, neutral decorations, carpeted floor.

First floor loft room

13' 5'' x 9' 1'' (4.091m x 2.762m)

Access from the staircase of the lounge, there is limited Head height, double glazed Velux window, neutral decorations, carpeted floor.

Bolton Council Tax

Cardwells Estate Agents Bolton premarketing research shows that the Bolton council tax band is A, at an approximate annual cost of £1511.

Conservation area.

Cardwells Estate Agents Bolton premarketing research indicates throat the property is not within a conservation area.

Flood Risk Information

Cardwells Estate Agents Bolton pre marketing research indicates that the property is set within an area regarded as having a “very low” risk of flooding.

Viewings

Viewing is highly recommended to appreciate all that is on offer, a personal viewing appointment can be arranged by calling Cardwells Estate Agents Bolton on , emailing; or visiting: A walk through viewing video is available to watch in the first instance at your convenience.

Thinking of selling of letting a property in Bolton?

If you are thinking of selling or letting a property, perhaps Cardwells Estate Agents Bolton can be of assistance? We offer free property valuations, which in this ever-changing market may be particularly helpful as a starting point before advertising your property sale. Just call us , email: or visit: and we will be pleased to make an appointment to meet you. It's likely we have potential buyers already on file who we can contact as soon as the property is marketed with us.

Arranging a Mortgage?

Cardwells can introduce you to independent financial advisors who have access to the whole of the mortgage market. We would be pleased to be of assistance and if you would like us to help these are the contact details: Cardwells Estate Agents Bolton on , emailing: or visiting:

Disclaimer

This brochure and the property details are a representation of the property offered for sale or rent, as a guide only. Content must not be relied upon as fact and does not form any part of a contract. Measurements are approximate. No fixtures or fittings, heating system or appliances have been tested, nor are they warranted by Cardwells, or any staff member in any way as being functional or regulation compliant. Cardwells do not accept any liability for any loss that may be caused directly or indirectly by the information provided, all interested parties must rely on their own, their surveyor's or solicitor's findings. We advise all interested parties to check with the local planning office for details of any application or decisions that may be consequential to your decision to purchase or rent any property. Any floor plans provided should be used for illustrative purposes only. Any leasehold properties both for sale and to let, may be subject to leasehold covenants,...

Brochures

Property BrochureFull Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Higher Market Street, Farnworth, Bolton

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About Cardwells Sales, Lettings, Management & Commercial, Bolton

11 Institute Street, Bolton, BL1 1PZ
Industry affiliations:

About Us

Our Offices are located in Bolton, and Bury, and we are proud to sell and rent property all across the North West of England. Cardwells are dedicated to achieving success for you in selling or renting your property and to this end our offices are open seven days a week, offering accompanied viewings by appointment only, and, open market valuations. We understand that you as a vendor need a reliable service with feedback from viewings and a constructive and proactive marketing approach, to ensure that we introduce potential buyers or tenants to your property, who are genuinely looking for what it is your property has to offer. We want to get the right people viewing your property. This is why we produce high quality glossy brochures for each property that we advertise, with multiple photographs, in conjunction with our comprehensive Internet advertising which includes Rightmove, Zoopla,On The Market, PrimeLocation, FindaProperty, Globrix, Home24, The Times, The Sun, The Sunday Times, The Independent, The Telegraph, AOL, MSN, Facebook and Twitter . To this day we are an independent family run company and you may bank on our credentials and expertise which is reflected in the many, many, recommendations and the repeat business we receive, some of which dates back to 1982, the year we were established! We are qualified professionals and s a member firm of the National Association of Estate Agents, the Ombudsman Scheme and Association of Residential Letting Agents, our standard of performance has to be exemplary. We offer a service that we take pride in achieving and we are happy to put our name to. Every sale is actively managed by a company director with regular reviews to ensure the sale process is as simple and easy for you as possible. All of our clients are welcome to use our one stop agency solution for any aspect of moving home as we can introduce you to Independent Financial Advisers, Solicitors / Conveyancers, Energy Assessors, Gas Safety engineers etc etc.

  • Seven Day Service
  • Qualified Professional Experienced Staff

  • Accompanied Viewings With Feedback

  • Free Valuations

  • Established Since 1982

  • Family Run Company

  • Proven Track Record

  • Award Winning Estate Agency

  • Active Buyers / Tenants Waiting

  • Pay Only For Success - No Sale No Fee

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Affordability

Monthly repayments£571
Property: £ 125,000
Deposit: £ 12,500
Interest rate: 4.5%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 12828956. 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 Cardwells Sales, Lettings, Management & Commercial, 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 Cardwells Sales, Lettings, Management & Commercial, Bolton on 01204 326650.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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