Summary - 17-19, MARKET STREET BL1 1BU
1 bed 1 bath Commercial Property
**Key Features:**
- Attractive three-storey commercial building in central Bolton
- Freehold title with excellent covenant from YMCA (Credit Score 100/100)
- Initial Yield of 11.78% and Reversionary Yield of 15.06%
- Passing rent of £18,000 PA, increasing to £20,000 in 2027 and £23,000 in 2028
- Prime retail location with strong foot traffic and nearby national retailers
- Total area of 3,060 sq ft, suitable for various commercial uses
- 3 years and 11 months remaining on the lease with a tenant break option available
**Summary:**
This prominent and stylish three-storey commercial property in the heart of Bolton offers a unique investment opportunity. Currently leased to the YMCA, it boasts an impressive initial yield of 11.78%, with potential for future increases in rent, making it an attractive choice for investors looking for stable returns. The substantial footprint of over 3,000 square feet provides flexibility for multiple retail or commercial applications, positioned amongst well-known brands that ensure high visibility and foot traffic.
Despite its excellent rental prospects, potential buyers should note that the remaining lease term of just under four years may pose financing challenges with certain lenders. Nevertheless, this freehold property offers significant potential as Bolton's town center undergoes redevelopment plans. Immediate action is urged to seize this opportunity, as similar commercial spaces in high-demand locations may not remain on the market for long. Embrace the chance to invest in an active urban environment, where community culture and commerce thrive.
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