Summary - 31, CHORLEY NEW ROAD BL1 4QR
1 bed 1 bath Commercial Property
Period office investment with parking and strong initial yield in central Bolton..
- Prominent Georgian terraced office building with period character
- Approximately 1,783 sq ft of cellular office accommodation
- Let to The Bolton Impact Trust (tenant details on brochure)
- Net initial yield 8.07% after purchaser costs (based on asking price)
- Two dedicated rear parking spaces plus nearby on-street parking
- Newly renovated internals; carpeted rooms and Cat 5 cabling
- Local area classified as very deprived; rental market influenced by students
- Tenure/title details inconsistent in paperwork; legal verification needed
A prominent two-storey Georgian terraced office prominently located on Chorley New Road, offered as a lettable investment with an advertised net initial yield of 8.07% (after purchaser costs). The property is presented to a good standard following recent renovation, with carpeted cellular offices, Cat 5 cabling, tall ceilings and traditional sash-style windows — features that suit professional occupiers and signal easy re-letting to similar tenants.
The building is currently shown as let to The Bolton Impact Trust and provides approximately 1,783 sqft of accommodation across ground and first floors, plus two rear parking spaces and convenient on-street parking. Broadband speeds are fast, mobile signal is excellent and crime levels are very low — practical benefits for occupiers and a selling point for investors.
Buyers should note some material uncertainties and local context: the brochure also records tenure information inconsistently (Tenure: Unknown, while a title number is referenced elsewhere), so legal/title verification is required. The property sits in an area classified as very deprived with a local population profile of private-renting new arrivals and student neighbourhoods — this can affect rental tone and future capital growth. No flood risk is recorded.
Overall this is a compact, well-presented period office offered primarily for investors seeking an immediate income stream in a terrace of professional occupiers, or for an owner-occupier looking for retained income potential. All lease terms, EPC and title details should be checked before exchange.
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