Investment Property In Farnworth For Sale

Bolton, Lancashire, UK

Asking Price:: £230,000

Turnover:: Undisclosed

Net Profit:: Undisclosed

Rent £17,820 per annum
Full repairing and insuring terms
21 year lease from November 2019
Well established Chinese takeaway
prominent main road
2 bedroom accommodation

*Under section 21 of the Estate Agent Act 1979, we hereby declare a personal interest in the freehold property. The Directors of the company who own this property are members of this firm.
In accordance with Anti-Money Laundering Regulations proof of identification, residence and confirmation of the source of funding will be required from the purchaser.

Property Information

Property:: Freehold

Location:

Farnworth is a town in the Metropolitan Borough of Bolton 2 miles (3.2 km) southeast of Bolton, 4 miles south-west of Bury (7 km), and 8 miles (12.9 km) northwest of Manchester. Within the historic county of Lancashire, Farnworth lies on the River Irwell and River Croal. At the 2011 Census, it had a population of 26,939.

The property is on the main road (A6053) in the town centre that leads to the access for the M61 motorway linking Manchester to Preston.

Premises Details:

The entire property is let to owner operators of a well established hot food takeaway. Held by way of a 21 year lease on full repairing and insuring terms from 25th November 2019 and an annual rent of £17,820 per annum.

the ground floor has shutters to the front leading to seating/ordering area, service area, rear kitchen and store room. WC and exit to the bin store. The basement is access from the kitchen and separate entrance leads to the first floor with WC, bathroom,, kitchen, 2 rooms and the second floor provides two bedrooms.

Shop floor areas
Description Area m²t
Ground floor retail zone a24.2
Ground floor retail zone b13.3
Ground floor retail zone b7.2
Ground floor retail zone c2.2
Ground floor retail zone c3.4
Ground floor kitchen 5.2
Ground floor staff toilets 2.8
Ground floor external storage46.2
Total 104.5m²

Information gathered from the government business rates calculation website.