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COMMERCIAL

Tumble Dwyers, 43 Longcauseway, Farnworth, Bolton, Lancashire, BL4 9BP

Guide Price
£425,000
Newton & Co Ltd, Bolton
PROPERTY TYPE

Commercial Property

BEDROOMS

2

BATHROOMS

1

SIZE

Ask agent

Floor/Site plan 1
1

Key features

  • 2 Bedroom Apartment
  • Large Commercial Unit
  • Open & Operating Laundrette
  • Potential For High Rental Yield
  • Investment Opportunity
  • Sought After Location
  • Steady Customer Stream
  • Good Footfall Area
  • Main Road Location

Description

Presenting a truly unique and highly attractive commercial investment opportunity located at 43 Longcauseway, Bolton. This versatile property offers the discerning investor a dual income stream, combining a well-established, open, and operating laundrette with a comfortable two-bedroom residential apartment above.

The commercial unit itself is a substantial space, currently configured as a fully functional laundrette. This business benefits from a steady customer stream, a testament to its long-standing presence and essential service within the community. Situated on a main road, the property enjoys excellent visibility and significant footfall, ensuring continued patronage. The strategic location in a sought-after area of Bolton further enhances its appeal, making it a prime spot for commercial operations.

Beyond the thriving ground-floor business, the property includes a well-proportioned two-bedroom apartment. This residential component offers flexibility; it could serve as owner-occupier accommodation, providing convenience for a business owner, or be let out to generate additional rental income. The apartment comprises two comfortable bedrooms, a single reception room, and a well-appointed bathroom, offering a practical and appealing living space. The current tenant has been served an Eviction Notice and is due to move out March 2026

The potential for a high rental yield from both the commercial and residential elements makes this an outstanding proposition for investors. The existing laundrette business provides immediate income, while the residential unit offers further revenue potential. This combination is particularly appealing in today's market, offering diversification within a single asset.

The Longcauseway location is particularly advantageous, being easily accessible and surrounded by a mix of residential and commercial properties, contributing to the consistent footfall and customer base for the laundrette.

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 apartment 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 43 Longcauseway. 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.

Tumble Dwyers, 43 Longcauseway, Farnworth, Bolton, Lancashire, BL4 9BP

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Farnworth Station0.5 miles
  • Kearsley Station0.7 miles
  • Moses Gate Station0.9 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_1058467420. 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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