EGERTON MILL, CAWDOR STREET, FARNWORTH, BOLTON, GREATER MANCHESTER, BL4 7LX

31,950 Sq Ft
£1,500,000 Offers in the Region of
  • Type: Heavy Industrial, Investment Property, Workshop and Retail Space
  • Availability: Under Offer
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Property Features

  • Multi-let industrial premises and yard areas
  • Mix of workshop, secure yard space & club premises
  • C. 3.1 acre site
  • Located in an industrial location and in close proximity to the (A666)
  • Fully let producing approximately £163,500 per annum with Asset Management opportunities
  • May suit future re-development STPP
  • OIRO £1,500,000
  • Best and Final Bids to be submitted in writing by 12 noon on Monday 30th July 2024.

Property Summary

A rare opportunity to acquire a substantial and existing regular shaped, circa 3.1 acre site, upon which sits an existing and multi-let industrial former mill premises, which has been split to create several lettable industrial units and external yard areas. The mill itself comprises of solid red brick construction set beneath a part pitched and slated roof covering and part northlight roof covering. The mill's condition is deteriorating with several areas of penetrating damp, and roof leaks noted across the inspected accommodation.
 
Located to the front of the site is a detached rendered building set beneath a hipped, slated roof covering which is currently utilised as a 'club and premises'. We were unable to inspect this area.
 
The site itself is of a regular shape and relatively level in nature, surfaced with concrete in part which would benefit from some repairs.