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INVESTMENT PROPERTY IN FARNWORTH

Farnworth, Bolton, BL4 9BB

Asking Price £120,000
Tenure Freehold

Description

The entire property is currently let to an owner operator and trading as busy takeaway and let on a 7 year lease from 16th October 2024 on full repairing and insuring terms, with 3 year rent reviews with an annual rent £10,920 per annum. The tenant has occupied the premises since 2018. The premises provides ordering area, service area, kitchen, preparation room and exit to yard & storeroom. Stairs leading to preparation room and 1st floor providing 2 large rooms and bathroom. Floor Areas: (from Government Business Rate Valuation Office) Description: Area m² Ground floor retail zone a 19.1 Ground floor retail area 18.3 Ground floor kitchen 12.5 First floor internal storage 33.4 Total 83.3

Location & Situation

This property is located within the town centre of Farnworth. It is situated besides nearby a very busy main road and motorway and is surrounded by many other businesses, public transport links and residential dwellings. Farnworth is a town in the Metropolitan Borough of Bolton, within the historic county of Lancashire. Farnworth lies on the River Irwell and River Croal and according to the 2011 Census, it had a growing population of 26,939. Bolton is a town in Greater Manchester in England. In the foothills of the West Pennine Moors, Bolton is located between Manchester, Blackburn, Wigan, Bury and Salford.

Details

Property Type
Investment Property
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