Summary - DONNELLY BENTLEY CHARTERED ACCOUNTANTS, 70, CHORLEY NEW ROAD BL1 4BY
1 bed 1 bath Commercial Property
**Standout Features:**
- Detached office building with a former residential history
- Prime location along Chorley New Road, overlooking Queens Park
- Substantial size of 5,045 square feet with on-site parking for up to 10 cars
- Mixed-use layout with cellular and open-plan offices, kitchen, staff room, and storage
- Tenancy secured by Donnelly Bentley Ltd T/A Pierce until November 2029
- Positive net yield of 7.75% post-purchase costs; potential reversionary yield of 8.28%
**Concerns:**
- Six years remaining on the lease may hinder mortgage approvals
- Area characterized as “very deprived” which could affect rental desirability
Experience the unique opportunity this spacious detached office building offers in a well-connected area of Bolton. Formerly two semi-detached properties, this large 5,045 square foot office showcases high ceilings and traditional Victorian architecture, exuding character and a robust presence. Perfect for investment, it currently generates a solid yield backed by secure tenants, with the possibility of reversion upon lease renewal.
The property boasts an appealing garden and has rear access parking for up to 10 vehicles, making it convenient for both staff and clients. While the surrounding area may present challenges due to its classification, the proximity to local amenities—including shops, healthcare, and schools—enhances its appeal as a functional office space. With room for future renovations or extensions, this property represents both immediate and long-term potential. Act quickly—opportunities like this in high-visibility locations often do not last long.
Office for sale in 29 Chorley New Road, Bolton, Greater Manchester, BL1 4QR, BL1 — £245,000 • 1 bed • 1 bath • 1548 ft²
Office for sale in Bedford House, 60 Chorley New Road , Bolton, Greater Manchester, BL1 4DA, BL1 — £675,000 • 1 bed • 1 bath • 5346 ft²
Office for sale in 173 Chorley New Road, Bolton, Greater Manchester, BL1 4QZ, BL1 — £600,000 • 1 bed • 1 bath • 4668 ft²
Office for sale in Ashfield Road, Chorley, Lancashire, PR7 — £400,000 • 1 bed • 1 bath • 2115 ft²
Commercial property for sale in 413/413A Halliwell Road, Bolton, Greater Manchester, BL1 8DE, BL1 — £250,000 • 1 bed • 1 bath • 350 ft²
Commercial property for sale in 15-19 Market Street, Bolton, Lancashire, BL1 1BU, BL1 — £150,000 • 1 bed • 1 bath • 3060 ft²
