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490-490a, Halliwell Road, Bolton, BL1 8AN

2,333 Sq Ft / Retail / Investment

For Sale - £250,000.00

Available - Last updated: 01 October 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.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £250,000.00 NA

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Lola Hacking

To Let Commercial

01204 235398

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