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6 bed property, in 44 - 48 Bolton Street, £450,000
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6 bed flat

44 - 48 Bolton Street, Bury BL9
£450,000
AuctionFreehold

The property is a three-storey mixed-use building in Bury town centre, located opposite the East Lancashire Railway. It currently comprises three shops on the ground floor, an apartment on the first floor, and commercial space on the first and second floors. The building has planning permission for the conversion of the upper floors to create four apartments, with two on each floor. The current gross income is £40,200 per annum, with opportunities for increased rental income following the conversion. The building's tenure is freehold and its categorizations are Business Rate Categories 44, 46, and 48, with respective annual Business Rate charges of £10,000, £8,100, and £7,000. The current Council Tax Bandings are A, B, C, and C, with respective EPC ratings of B, B, and C.