254 Market Street, Bury, BL9 9JN

Summary

A great commercial investment opportunity which is located close to Bury centre, Bury College and Holy Cross College. The property is located on Market Street close to the junction of Parkhills Road.

The property is a two storey property comprising:
Ground Floor
Front Shop Area 5.4m x 3.63m
Kitchen 4m x 3.68m
Rear Food Prep Room 2.9m x 2m
Store Room 4m x 1.8m
First Floor
Landing
Front Room 5m x 3.66m
Rear Room 4.1m x 2.7m
Bathroom
Rear - Yard Area

The property comes with a tenant in place, however should it be vacant in future it would lend itself to conversion to a shop and flat above subject to the usual consents.


Rateable value (2024) - £3,850 per annum
Rates payable - 1921.15 per annum ( If this is the purchasers only commercial property and the rateable value is below £13,000, then they could apply for 100% business rates exemption by the council.)

(If the rateable value is below £50,000, then the rates payable will be 49.9%.
However, if the rateable value is £13,000 or less and its your only commercial building then you could apply for 100% business rates exemption.)

This is a great investment opportunity, viewings are strictly by appointment through Pearson Ferrier.

Key Points