Report a Fault 130 -132 Newport Street, Bolton BL3 6AB
1,808 Sq Ft
£50,000
- Type: Investment, Residential
- Availability: Sold STC
- Reversionary Secondary Shop Investment
- Residential Potential
Situation
The property is situated in a secondary trading location opposite the Bolton Interchange. Occupiers in the immediate vicinity include Morrisons, Sainsburys, The York PH, The Station Café, Clough Opticians, Starbucks and Coffee.
Description
The property is 3 storey with brick walls under a pitched slate roof. It was originally constructed in the early 1900's and has been extended in more recent times.
Potential
The property has been occupied for many years by Caritas (Catholic Childrens Society) but they are currently "holding over" and consequently there is opportunity for active estate management to reconfigure the property into both retail and residential.
Income
£2,000 pa
Tenure Comments
The property is freehold.
Price
£50,000 equating to a Gross Initial Yield 4%
Inspection
Faye Pattenden
01606 351351
lucy.warriner@fifieldglyn.com
The property is situated in a secondary trading location opposite the Bolton Interchange. Occupiers in the immediate vicinity include Morrisons, Sainsburys, The York PH, The Station Café, Clough Opticians, Starbucks and Coffee.
Description
The property is 3 storey with brick walls under a pitched slate roof. It was originally constructed in the early 1900's and has been extended in more recent times.
Potential
The property has been occupied for many years by Caritas (Catholic Childrens Society) but they are currently "holding over" and consequently there is opportunity for active estate management to reconfigure the property into both retail and residential.
Income
£2,000 pa
Tenure Comments
The property is freehold.
Price
£50,000 equating to a Gross Initial Yield 4%
Inspection
Faye Pattenden
01606 351351
lucy.warriner@fifieldglyn.com
