Large period property with conversion potential near Bolton town centre.
- Prominent landmark freehold, c.10,092 sq ft across four levels
- Three‑bed annexe with separate front and rear access, needs refurbishment
- Considered suitable for multiple uses subject to planning (STP)
- Vacant possession not guaranteed; tenant notices served but unconfirmed
- Building requires substantial refurbishment, especially basement areas
- EPC rating E; gas‑fired central heating in place
- Gated off‑street parking to rear of annexe
- Auction sale: 2.5% inc VAT administration fee, immediate deposit required
A prominent landmark freehold offering nearly 10,100 sq ft across basement, ground and first floors plus a three‑bed annexe. Built c.1913, the property retains period character and high ceilings and is currently configured as a business/social enterprise centre. The site sits on Bridgeman Place close to Bolton town centre, opposite Trinity Retail Park and benefits from a gated off‑street parking space behind the annexe.
The building is offered at auction with a guide price of £275,000 and is considered suitable for a variety of uses subject to planning (STP). It will be sold with an E EPC rating and gas central heating; the sellers have served notices to obtain vacant possession but cannot guarantee vacant possession before completion — bidders must allow for tenant occupation risk and check the legal pack.
Important positives include the size and flexible layout for conversion, a self‑contained annexe with separate access, and a prominent town‑centre position that supports commercial or mixed‑use schemes. Major drawbacks: the main building and annexe require refurbishment throughout (basement areas specifically noted), there are auction purchase obligations and immediate fees (2.5% inc. VAT administration fee, minimum £2,500), and the area is recorded as very deprived which may affect certain end‑uses.
This lot suits investors or developers looking for a substantial city‑fringe landmark with conversion potential. Carrying out a full survey, reviewing the legal pack for tenant notices and disbursements, and budgeting for refurbishment and immediate auction costs are essential before bidding.
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