£145,000
Bolton Road, Swinton, M27
- 0 beds
£145,000
- 0 beds
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Cardwells estate agents Bolton in conjunction with our auction partners Pugh and co 29th January 2025, we are delighted to offer to the market a wonderful opportunity to purchase this ground floor retail outlet and upstairs flat with 2 garages to the rear which is currently generating an annual gross income of £17,280 per annum as follows.
The ground floor cafe is approximately 600 ft.² and we are advised that the lease is 3 years with an option to renew for a further 3 years, current annual rent of £8,100 per annum with a £25 month annual increase with the next increase October 2025.
The current rateable value is £5,100.
The upstairs flat is currently on a rolling assured shorthold tenancy basis of £650 per calendar month, £7,800 per annum.
In addition there are 2 garages to the rear of the property which are currently generating an annual income of £1,380 per annum.
Occupying a prominent main road position in Pendlebury and with readily available on road parking, the building has recently undergone a full renovation including a new roof in 2023.
As such there is much to admire and a personal inspection comes with our highest recommendations to appreciate all on offer by ringing Cardwells Estate Agents Bolton on 01204381281, seven days a week or via email at [email protected].
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