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White Horse 217 Bolton Rd 4,158 sq ft Retail Property Bolton BL4 8NG £350,000 (£84.18/sq ft)



Investment Highlights
- Easily accessible from the M61
- Prominent corner position with high visibility
- Off parking within the vicinity
Executive Summary
Opportunity to acquire the freehold interest of this three-storey detached property comprising of 4,897 sq ft. This opportunity offers an attractive high-yielding investment with immediate income and long-term upside. The asset generates £30,000 per annum in Year 1, rising to £34,800 in Years 2–5 and £38,500 in Year 6, secured by a 6-year FRI lease. This equates to a strong 8.5% initial yield, increasing to 9.94% and then 11% in the final year of the term. The property benefits from an enclosed yard and dual-access parking from Bolton Road A666 and Stonclough Road A667. The property is prominently positioned on the corner of two busy arterial routes with excellent connectivity to the M61 motorway, the property benefits from consistent visibility and accessibility in a well-established commercial location. The freehold interest is available at auction with offers over £350,000.00
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
4,158 sq ft
Costar Property Class
B
Year Built
1914
Price
£350,000
Price per sq ft
£84.18
Tenancy
Single
Number of Floors
3
Frontage
66 ft on Bolton Road
Amenities
- Security System
- Storage Space
1 1
Nearby Major Retailers
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White Horse | 217 Bolton Rd
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