£450,000
(£128.57/sq. ft)
Leisure/hospitality for saleHigher Market Street, Bolton BL4
3,500 sq. ft
About this property
Approx. 3,500 sq ft mixed-use investment property
Prominent position in Farnworth Town Centre
Two ground-floor commercial units
Three self-contained residential flats
Residential accommodation comprising 2 x one-bedroom flats and 1 x two-bedroom
Fully occupied and income producing
Established commercial tenants understood to be keen to remain
Multiple rental income streams across commercial and residential accommodation
Excellent investment opportunity with potential for future rental growth
Extending to approximately 3,500 sq ft, the property comprises two ground-floor commercial units and three self-contained residential flats, providing investors with an attractive combination of commercial and residential accommodation within a well-established town centre location.
The property is currently fully tenanted and income producing, offering an immediate rental return from five individual occupancies and the benefit of a diversified income stream.
Commercial Accommodation
The ground-floor accommodation consists of two established retail units, currently occupied by a fast-food takeaway and a barbershop.
Both businesses benefit from the property's prominent town centre position, with good visibility to passing traffic and pedestrian activity.
The existing commercial tenants are understood to be keen to remain in occupation, providing an attractive opportunity for investors seeking established occupiers and ongoing rental income.
The commercial rental income is currently as follows:
• Fast-food takeaway: £1,080 per calendar month
• Barbershop: £750 per calendar month
Residential Accommodation
The residential element comprises three self-contained flats, providing an additional source of income alongside the ground-floor commercial premises.
The accommodation consists of:
• Two one-bedroom flats, each currently let at £650 per calendar month
• One two-bedroom flat, currently let at £750 per calendar month
The combination of residential and commercial accommodation provides a balanced investment with income generated from multiple tenancies.
Location
Situated in the centre of Farnworth, the property occupies an established commercial position surrounded by a variety of independent retailers, local businesses, services and residential accommodation.
The town centre setting provides a strong local customer catchment for the commercial occupiers, alongside convenient access to everyday amenities for residential tenants.
Farnworth is well connected to Bolton, Manchester and the wider Greater Manchester area, making it an established location for both residential and commercial occupation.
Investment Opportunity
This property represents an excellent opportunity for investors seeking a fully occupied, income-producing mixed-use asset with established commercial tenants and three residential lettings.
The combination of five separate income streams, a prominent town centre location and potential for future rental growth makes the property an attractive addition to a commercial or residential investment portfolio.
Tenancy agreements, rental information and further property details are available upon request.
Agency fees may apply. VAT may apply.
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