Substantial Multi-Let Mill Investment, currently producing £172,014.88 per annum Situated on a 4 acre site, may suit residential development (STP)

Substantial Twentieth Century former cotton mill which has been sub divided into 46 lettable units which are currently producing £172,014.88 per annum. With the first and second floors currently vacant (no rates liability) and representing an opportunity to increase the rental income. An up-to-date tenancy schedule will be provided in the legal pack. The mill which is not listed is situated on a site of 4 acres and is considered suitable for residential development subject to the necessary consents being obtained. The Mill fronts onto George Street, approximately half mile to the west of Farnworth Centre and convenient for Junction 3 of the M61 motorway/ Manchester city centre being approximately 10 miles to the south east of the property.

Tenure

To Be Confirmed In Legal Pack

Viewing

Please contact Auction House North West Commercial on 0161 830 7477

Energy Efficiency Rating (EPC)

Current Rating G

Local Authority

Bolton Metropolitian Borough Council

Additional Fees

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.