*Excellent investment opportunity*
Located in a most prominent postion in the heart of Horwich, these sizeable premises comprise a tenanted ground floor retail shop unit with ancilliary rooms on a five year lease from 1.8.24, currently producing a gross return of £10,200. Planning permission in place for change of use of the upper floors from residential and office space to form three self contained apartments together with erection of a second floor extension and new shop front installation (full details can viewed at Bolton Council Planning portal, ref;15879/23). Forming part of a parade of shops on the ever popular Lee Lane close to many other retail units, cafes and free parking on Captain Street. *We have only been able to inspect the ground floor of the premises* Lease Length - 900 years from April 1888 Ground Rent - £8 as per the register
Tenure
Leasehold
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Bolton Metropolitan Borough Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1500 inc VAT.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.