DENMARK MILL, CAWDOR STREET, FARNWORTH, BOLTON, GREATER MANCHESTER, BL4 7NL

27,777 Sq Ft
£400,000
  • Type: Development
  • Availability: Under Offer
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Property Features

  • 3 storey traditionally constructed multi-let mill property
  • Investment opportunity producing £39,000 per annum (gross)
  • Well established industrial location
  • Tenants occupying ground & first floors (2nd floor derelict/vacant)
  • Let to 9 individual occupiers
  • Yard and car parking at rear accessed from Thynne Street
  • Potential for future redevelopment
  • Offers in excess of £400,000 (Best and final Bids to be submitted in writing by 12 noon Monday 27th June 2022)

Property Summary

Denmark Mill comprises a detached and traditional 3 storey brick constructed mill, set beneath a multi-pitched and slated roof covering.

The accommodation within is arranged over ground, first and second floors, and has been sub-divided within to create a number of self-contained units, which are lettable separately and individually metered for electric/utilities.

The second floor is vacant at the moment and would require significant work to enable its beneficial use, however giving scope to increase the rental in the future.

Externally, there is a large self-contained yard area with gated access from Thynne Street and Cawdor Street.

Current tenants within the building include car-boot sale/stalls, metal gate fabricator, pet-food sales and storage uses.