62 Bridge Street, Bolton, Lancashire BL1 2EF

A mixed-use property in a prominent Bolton town centre location, comprising a ground-floor shop and a self-contained two-bedroom flat above. The property provides approximately 1,020 sq ft across the ground and first floors and offers an estimated combined rental income of £18,400 per annum if fully let.

The shop has an estimated rental value of £10,000 per annum, with the flat estimated at £700 per calendar month (£8,400 per annum). The combined estimate equates to an illustrative gross yield of approximately 12.3% at a purchase price of £150,000.

Ground floor – Approximately 510 sq ft of retail or showroom space with electric roller shutters, a WC and access to cellar storage.

First floor – A two-bedroom flat of approximately 510 sq ft, with a separate entrance, an open-plan living area and kitchen, and a shower room.

Approximately 0.02 acres.

For any pre-application advice, interested parties should consult directly with the Local Planning Authority: Bolton Council, Development Management, Town Hall, Bolton, BL1 1RU. Telephone: 01204 336 000. 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 2.4% 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.