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Tenanted hot food take-away investment producing £9,880 pa, increasing to £13,000 pa.

Traditionally constructed end terrace property currently let to a private individual, trading as (hot food take-away), K2 Taj Chippery. The property is let in its entirety by way of a 10 year lease from 26th February 2018 at an initial rental of £9,880 pa. The lease incorporates a rental increase in February 2021 to £13,000 pa. Internally the property is laid out as hot food take-away and kitchen on the ground floor with first floor ancillary accommodation. The first floor has separate access from the rear.
The property fronts onto Crescent Road, approximately 1 mile south of Bolton town centre.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating To Follow

Local Authority

Bolton Metropolitan Borough Council

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £1080 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
214, Crescent Road, Bolton, BL3 2JU
Tenanted hot food take-away investment producing £9,880 pa, increasing to £13,000 pa
Type: General Retail, Hotels, Other, Retail, Licensed & Leisure, Other Property Types & Opportunities
Location: 214 Crescent Road, BL3 2JU
Images: 6
Brochures: 1
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** UNSOLD – AVAILABLE AT £240,000 **

Location
The property is located on the edge of Heywood Park and is accessed from Recreation Street which links to Bridgeman Street. There are a number of schools in the nearby vicinity & Bolton town centre is around 1 mile away.

Description
Freehold two storey detached three bedroom residential lodge which is set within an enclosed plot of land of approximately 0.24 acres, the property has a lapsed planning consent for the construction of a new 2nd storey to the existing lodge to make a 5 bedroom 3 storey detached house plus the erection of two new three storey detached 4 bedroom houses within the existing garden area to give 3 detached dwellings in total on the plot plus a 6 space car parking area.

Accommodation
Ground Floor- Hallway, Two Reception Rooms, Kitchen, Utility Room & Bathroom
First Floor- Landing, Three Bedrooms & Bathroom
Outside
Double gated enclosed rear yard and garden area to existing lodge.

Approx Site Area
Approximately 0.1 hectares (0.24 acres).

Tenure
Freehold.

Planning
Planning consent was approved 27th May 2011 (Application Number 85365/10) for the erection of two new three storey four bedroom detached houses together with an additional floor to the lodge. We understand that this consent has now lapsed. Interested parties should consult direct with the Local Planning Office, Bolton Metropolitan Borough Council, Town Hall, Bolton, BL1 1RU. Tel: 01204 333333.
Heywood Park Lodge, Recreation Street, Bolton, BL3 6SN
Freehold two storey detached three bedroom residential lodge
Type: House, Hotels, Residential, Licensed & Leisure
Location: Heywood Park Lodge Recreation Street, Bolton, BL3 6SN
Images: 2
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