Summary - REAR OF, 1-7, TAYLOR STREET BL9 6DT
1 bed 1 bath Retail Property (Retail Park)
Refurbished multi-unit lot near Bury centre, strong footfall potential for local operators.
- Five commercial units totaling approximately 5,500 sq ft
- Four units let producing £55,800pa; one unit vacant
- Full potential income when let £65,400pa
- Recently renovated internal finishes and good natural light
- Rear off-street parking for tenants and customers
- Leasehold with only c.6 years remaining on current leases
- Located close to Bury centre and motorway links
- Area classified as very deprived; affects rental growth prospects
A substantial refurbished retail investment close to Bury town centre and well placed for motorway links. The red-brick, two-storey corner block provides flexible open-plan retail/workspace across c.5,500 sq ft with rear off‑street parking and modern finishes following recent refurbishment.
The property comprises five units, four currently let producing £55,800pa and one vacant with estimated income of £9,600pa when let (total potential £65,400pa). Tenants pay their own utilities and the layout suits continued multi-let retail use or consolidation to a single occupier.
Important buyer note: the lot is leasehold with only c.6 years remaining on the current occupational leases — a significant financing and occupational risk. Mortgage lenders are likely to decline lending against the short effective term, and prospective purchasers should allow for periods of refurbishment between tenancies.
The area is very deprived which supports demand for budget retail and local services but may limit rental growth. Externally the building appears in average condition and individual units may require refurbishment between lettings despite recent internal upgrades.
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