Retail
For Sale
£150,000

For further information or to arrange a viewing please contact Morgan Williams.

01925 414 909
[email protected]

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Ainsworth Lane, Bolton, Lancashire, BL2 2QJ

  • Substantial Corner Property
  • Former Co-op Store
  • Established Residential Area
  • Fully Income Producing
  • Low Passing Rent
A large two storey end of terrace corner property. Previously used as a convenience store, the property comprises a large ground floor area with rear storage, w/c, staff area and loading facilities. The first floor provides an open plan room with exposed timber beams.

The property is let to and occupied by a private individual, trading as Taylors Theatre Academy. They operate a Theatre and Dance School and have been in occupation for just the past 3 years.

On street parking is available on both Ainsworth Lane and Alexander Road.

Location
The property is prominently situated on the corner of Ainsworth Lane and Alexander Road, within a primarily residential area, consisting of mainly Victorian terraced housing.

The location is well connected to the local road network, just off the A58 Bury Road providing access to the A666, which ultimately leads on to the regional motorway network. Bolton Town Centre is located within 1 mile of the premises to the south west.

Accommodation
Ground Floor Sales: 116.6 m 1,255 ft
Ground Floor Stores: 48.3 m 520 ft
First Floor: 62.9 m 677 ft
Total: 227.8 m 2,452 ft

Services
Mains electricity, water and drainage are connected.

Tenancy Information
The property is let to a private individual operating a dance and theatre academy, for a term of 5 years from 9 May 2019, on a tenants full repairing and insuring basis. There is a rent review and tenant break in May 2022.

The original and current rent is £9,600 per annum and the May 2022 rent review has not been actioned.

Asking Price
£150,000.

Tenure
Freehold.

VAT
The property is VAT registered and VAT will be applicable to the sale.

Contact: Rob Bates


Retail
For Sale
£150,000

For further information or to arrange a viewing please contact Morgan Williams.

01925 414 909
[email protected]

  • View Brochure
  • Add To Shortlist
  • Send To Friend