204 & 206 Bolton Street, Ramsbottom, Bury, Lancashire BL0 9JE

A mixed-use freehold investment opportunity comprising a ground floor retail unit, extended to the rear and currently trading as a beauty salon, together with two self-contained flats to the rear.

The retail unit is let at £190 per week (£9,880 per annum), with the current tenancy running until August 2027. The two flats each produce £120 per week, providing a combined rental income of £12,480 per annum. We understand that the tenants of the flats have occupied the properties for over 10 years.

The property therefore generates a total current rental income of £22,360 per annum, offering an established income stream with potential for rental growth.

The property occupies a prominent position on Bolton Street, one of Ramsbottom's established commercial locations, benefiting from good pedestrian and passing footfall. Ramsbottom is a popular and sought-after town, well known for its mix of independent shops, cafés, restaurants, bars and other local amenities, supporting demand for both commercial and residential accommodation.

For any pre-application advice, interested parties should consult directly with the Local Planning Authority: Bury Council, Development Management, 3 Knowsley Place, Duke Street, Bury, BL9 0EJ. Telephone: 0161 253 5432. Email: [email protected]

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% inc. VAT of the purchase price (subject to a minimum of £2,400 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.