Welcome To JOSEPHS, Bolton Estate Agents

Property Details

Tonge Moor Road
Bolton, BL2

Josephs are thrilled to present a fantastic opportunity to purchase this mid-terraced, shop fronted property on one of Bolton's busiest thoroughfares. The ground floor is currently trading as a supplier of soaps and fancy goods and the first floor has been converted into a self contained, one bedroom flat.

Enjoying a prominent position on a busy main road with substantial footfall and with parking to the rear of the premises, the very spacious ground floor has a customer area to the front and a stock room/storage area to the rear. There is however, the possibility that both rooms could be combined in the future to create a much larger retail space if required.

Accessible via its own entrance to the rear of the property, the separate first floor flat is self contained and is ideal for singles or couples; a good sized, double bedroom can be found to the front of the property with a very spacious, lounge/kitchenette to the middle and bathroom to the rear of the property. The kitchen area has been fitted with wall and floor cabinets, worktops, sink and cooker. The fully tiled bathroom is a generous size and has been fitted with a modern, three-piece suite in white.

Fitted with gas central heating and security shutters to both the front and the rear of the property, there is also a small yard space to the rear.

With tenants in situ, the property is currently generating a rental income of £780 per month with the shop premises commanding £400 and the flat £380 respectively. This is an excellent opportunity for a new owner to generate a passive income from day one

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£99,950

  • 1 Bedroom
  • 1 Bathroom
  • 1 Reception
  • Terrace

Features

  • Leasehold
  • Excellent investment opportunity
  • 9.5% yield
  • Tenants in Situ
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