Commercial property for sale in Bolton, England

*For sale via secure sale online bidding: terms and conditions apply.*  We are pleased to offer to auction this large retail unit fronting Deansgate, with long standing tenants in situ on the ground floor with a shared bin and cycling area. New commercial layout will be completed early 2025 by the tenant. This is an ideal opportunity for someone to invest in the growth of Bolton and receive a long-term monthly rental from the current tenants. Basement also included and complete refurbishment of ground floor and basement to be completed 2025 prior to completion.  Also included in the sale is this luxury development of 5 Apartments, where comfort meets style in perfect harmony. Nestled in a convenient location, these homes welcome you with a neutral and timeless design, offering a serene escape for modern living. Each one boasts a sophisticated architectural design that seamlessly blends with modern amenities to offer residents the epitome of contemporary living. As you step inside, you’re met with a classic style, gold finishes that exude timeless elegance and soaring ceilings that create a sense of awe, amplifying the spaciousness and exclusivity that these apartments offer.  The living areas seamlessly merge comfort and opulence, inviting residents to unwind in style. The bedrooms are spacious retreats, offering a peaceful haven for relaxation. Luxurious bathrooms feature contemporary fixtures and sleek designs, providing a spa like experience within the comfort of your own home. Discover an exclusive lifestyle at Apollo House, where charm effortlessly combines with modern luxury for a unique and unmatched living experience.  Bolton is an historic market town, with a vibrant community making it an ideal place to live, work and visit. There are plans for future sustained growth, including an agreed £11.5million investment into the Town Hall and other public buildings, to compliment the range of developments, both commercial and residential, that are currently taking place making this an attractive town for investors. Close by projects in Le Mans Crescent, Crompton Place and Trinity Gateway have an estimated combined GDV of £250m, along with the Moor Lane development already well under way, this is a very exciting time for Bolton.  Please note we have not inspected this property. Location Bolton is situated in an enviable location, just 10 miles northwest of Manchester and 20 miles from Manchester Airport. With excellent transport links, including easy motorway access and a town centre train station, and with regeneration in progress this is an ideal time to invest in the area.  The property is situated in a prominent position in Bolton City Centre on Deansgate, close to Oxford Street and the central Town Hall. Crompton Place Shopping Centre is located nearby, with Market Place Shopping Centre just a short walk away. Accommodation The property comprises one large retail unit fronting Deansgate, with long standing tenants in situ on the ground floor. New commercial layout will be completed early 2025 by the tenant. This is an ideal opportunity for someone to invest in the growth of Bolton and receive a long-term monthly rental from the current tenants.  Current owners will be further developing the subsequent floors above into 5 luxury high end 1 & 2 bedroom apartments. Accommodation 5 luxury apartments with a neutral and timeless design, offering a serene escape for modern living. As you step inside, you’re met with a classic style, gold finishes that exude timeless elegance and soaring ceilings that create a sense of awe, amplifying the spaciousness and exclusivity that these apartments offer. The living areas seamlessly merge comfort and opulence, inviting residents to unwind in style. The bedrooms are spacious retreats, offering a peaceful haven for relaxation. Luxurious bathrooms feature contemporary fixtures and sleek designs, providing a spalike experience within the comfort of your own home. Measurements (internal gross area) Ground floor – 135 m2 (1453 sq.ft)  Basement – 121 m2 (1302 sq.ft)  Total – 256 m2 (2755 sq.ft) Lease Details Rental Income: £15,000 +VAT pa. New 5-year lease from 2024 Tenure Leasehold. Title number LA104574. Date : 25 August 1922 Term : 845 years from 16 May 1902 Rateable Value The current rateable value is £19,000 (1 April 2023 to present). Sourced from VOA. The owner has advised that the rates they currently pay are approximately £4,680. EPC Available upon request (rating C). Additional Information For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest. Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.   Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.  This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.  The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website. Auctioneers Additional Comments Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.  A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.  In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures. Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.  Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Commercial property for sale in Bolton, England

Retail property (high street) for sale

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