Property Details

Bolton Road, SwintonAuction Guide Price £145,000

Sold STCCardwells Bolton - 01204 381281CB00018474

Retail outlet ground floor cafe 600 ft.²
Upstairs 1 bed flat with separate access
2 Garages at the rear of the building
Annual gross income £17,820 per annum
Prominent main road position
Ideal investment opportunity
Current rateable value £5,100
Viewings highly recommended!

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 assured shorthold tenancy basis til March 2025 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 bolton@cardwells.co.uk.

Ground floor retail outlet:
Rolling shutters and reinforced glass door into
Customer seating/eating area:17' 3'' x 14' 4'' (5.25m x 4.37m)
Serving area:10' 9'' x 11' 1'' (3.27m x 3.38m)
Kitchen/preparation area:12' 11'' x 8' 10'' (3.93m x 2.69m)
Side access door giving access to the yard, uPVC double glazed window
Rear utility:6' 0'' x 6' 2'' (1.83m x 1.88m)
Stainless steel sink unit, uPVC double glazed window.
W.C:6' 0'' x 5' 3'' (1.83m x 1.60m)
First floor flat accessed from the rear of the building.
FIRST FLOOR FLAT:
Composite entrance door into
Hall:4' 2'' x 4' 8'' (1.27m x 1.42m)
Timber door giving access to.
Kitchen:14' 11'' x 13' 5'' (4.54m x 4.09m)
Professionally fitted kitchen comprising stainless steel sink with mixer tap over, base and wall units, worktops, oven, four ring hob with extractor above, wall mounted gas combination boiler, wall mounted radiator.
Lounge:13' 5'' x 14' 2'' (4.09m x 4.31m)
uPVC double glazed window, wall mounted radiator.
Bedroom:11' 3'' x 8' 11'' (3.43m x 2.72m)
Two uPVC double glazed windows, wall mounted radiator.
Bathroom:5' 9'' x 6' 2'' (1.75m x 1.88m)
Three piece suite comprising WC, pedestal wash basin, bath with mixer shower attachment, wall mounted radiator.
The garages are accessible via the double gates to the left hand side of the building.
Viewings:
All viewings are by advance appointment with Cardwells estate agents, 01204 381281, bolton@cardwells.co.uk, www.cardwells.co.uk
Tenure:
Cardwells estate agents research shows the property is Freehold.
Flood risk information:
Cardwells estate agents research shows the property is in a 'no risk' flood area.
Conservation area:
Cardwells estate agents research shows the property is not in a conservation area.
Thinking of selling or letting in Bolton:
If you are thinking of selling or letting a property, perhaps Cardwells Estate Agents Bolton can be of assistance? We offer free property valuations, which in this ever-changing market may be particularly helpful as a starting point before advertising your property sale. Just call us (01204) 381281, email: bolton@cardwells.co.uk or visit: www.cardwells.co.uk and we will be pleased to make an appointment to meet you. It’s likely we have potential buyers already on file who we can contact as soon as the property is marketed with us.
Arranging a mortgage:
Cardwells can introduce you to independent financial advisors who have access to the whole of the mortgage market. We would be pleased to be of assistance and if you would like us to help these are the contact details: Cardwells Estate Agents Bolton on (01204) 381281, emailing: bolton@cardwells.co.uk or visiting: www.Cardwells.co.uk
Disclaimer:
This brochure and the property details are a representation of the property offered for sale or rent, as a guide only. Content must not be relied upon as fact and does not form any part of a contract. Measurements are approximate. No fixtures or fittings, heating system or appliances have been tested, nor are they warranted by Cardwells, or any staff member in any way as being functional or regulation compliant. Cardwells do not accept any liability for any loss that may be caused directly or indirectly by the information provided, all interested parties must rely on their own, their surveyor’s or solicitor’s findings. We advise all interested parties to check with the local planning office for details of any application or decisions that may be consequential to your decision to purchase or rent any property. Any floor plans provided should be used for illustrative purposes only. Any leasehold properties both for sale and to let, may be subject to leasehold covenants, if so further details will be available by request. All clients monies held in our Clients Account are overseen and monitored by Chartered Accountants. Cardwells are members of the property ombudsman redress scheme. All clients money is protected with Clients Money Protection (CMP). Cardwells Estate Agents Bolton, Cardwells Estate Agents Bury, Cardwells Lettings Agents Bolton and Cardwells Lettings Agents Bury are trading names of Fivegate ltd
Council tax:
Cardwells estate agents research shows the flat is band A annual charges of £1550

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