70-72 CHORLEY NEW ROAD, BOLTON, GREATER MANCHESTER, BL1 4BY

Availability:

For Sale

Price:

£565,000

Property Type:

Investment Property, Office

Property Summary

A detached office building, formerly a pair of semi-detached properties, which have been converted to form one property with on site car parking at the rear for 10 cars.

The property is constructed of solid brick elevations under a pitched roof and a further 2 storey extension at the rear has also been added.

Internally there are a mix of cellular and open plan accommodation, WC's, kitchen and staff room and storage rooms to the cellar. It is fitted out to a good standard.

Externally the parking is accessed at the rear and the property is elevated with a front attractive garden and access steps.

Property Features

  • Let to Donnelly Bentley Ltd T/A Pierce until 30/11/29 with a tenants only break clause at 30/11/27
  • Net initial yield after purchasers costs of 7.75% and a reversionary yield of 8.28% based on an ERV of £50,000 per annum rent
  • Detached office building overlooking Queens Park
  • Excellent location along Chorley New Road
  • On site parking

Call Property Agent

01204522275
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Property Location

70-72 CHORLEY NEW ROAD, BOLTON, GREATER MANCHESTER, BL1 4BY