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490-490a, Halliwell Road, Bolton, BL1 8AN
2,333 Sq Ft / Retail / Investment
Withdrawn - Last updated: 27 November 2024
Lovely characterful CORNER PROPERTY with yard/parking, split into two self-contained commercial spaces.
The ground floor retail unit is let for £6,000 per annum to a thriving drama school, while 1st floor offices are producing £8400 per annum. Both leases expire approx. early 2027 and are outside the landlord and tenant act.
The property boasts on-site parking and is well-maintained, reflecting its traditional character. With its prime location and income-generating potential, this property represents an excellent investment opportunity for those seeking a versatile commercial space.
Key Facts:
•Overs Over £250,000
•Total Area: 2,333 SQ FT (Gr Floor 1226 SQ FT & 1ST Floor 1107 SQ FT )
•Tenure: Freehold
•Planning Use: Class E (commercial business and service use)
•Potential Conversion: Upper floors may be suitable for residential conversion subject to planning approval.
•Business Rates: Ground floor: £10,250; First floor: £8,500
•Sale Price is subject to Vat at the Prevailing Rate
Location
This property occupies a prominent corner position at the intersection of Halliwell Road and Harvey Street. Halliwell Road is a busy route into Bolton with a traffic count of 10,000 to 15,000 Daily
The residential and commercial location offers a blend of convenience and accessibility, with local shops, businesses, and ample free on-street parking within easy reach. Moreover, Bolton town centre is just a short distance away, providing access to a wider range of amenities and services. The property's proximity to major transport routes, including the A58, ensures excellent connectivity to the wider Bolton area and beyond.
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