140 St. Helens Rd
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140 St. Helens Rd
5,319 SF 52% Leased Office Building Bolton BL3 3PJ £1,000,000 (£188/SF)
INVESTMENT HIGHLIGHTS
- Prominent mixed-use former Hotel & Public House property
- 6 x partly finished apartments on first and second floors
- Rent on Application
- Retail unit (Class E at ground floor)
- Large garden (former beer garden) at rear
- £1 million (£1,000,000) for the Freehold Interest
EXECUTIVE SUMMARY
DESCRIPTION
The property comprises a substantial, former Hotel and Public House premises of traditional masonry construction, set beneath a pitched and slated roof covering.
Retaining some original features, the accommodation within is arranged over basement, ground, first and second floor levels.
At ground floor level there is a regular shape retail unit (E-Class), which may suit a range of uses to include cafe, restaurant, offices and general retail.
The first and second floors have recently undergone partial conversion to 6 x 1 bedroom apartments. The layout to the apartments has been set out to include first fix electrical works, but a conversion will require completing by the new occupier/tenant - see attached plans. Access is proposed to be gained from the rear of the property.
Externally, there is a substantial enclosed former beer garden, offering scope for further extension or amenity space for either ground or upper floors.
LEASE TERMS
Available as a whole by way of new Tenant's Full Repairing and Insuring lease terms, with the ability to sub-let the apartments and ground floor commercial unit.
Consideration may be given to the rental of the ground floor separately.
RENTAL
Rent on Application.
SALE PRICE
£1,000,000 (£1 million).
VAT
The property is elected for VAT.
PLANNING
Planning consent has been approved and implemented with conditions, for change of use from Public House/Hotel to a Retail Unit (Class E) at ground floor and 6 x apartments on the first and second floors together with associated alterations to external elevations including covered staircase and walkway to the rear. Planning Ref: 15346/23.
The property comprises a substantial, former Hotel and Public House premises of traditional masonry construction, set beneath a pitched and slated roof covering.
Retaining some original features, the accommodation within is arranged over basement, ground, first and second floor levels.
At ground floor level there is a regular shape retail unit (E-Class), which may suit a range of uses to include cafe, restaurant, offices and general retail.
The first and second floors have recently undergone partial conversion to 6 x 1 bedroom apartments. The layout to the apartments has been set out to include first fix electrical works, but a conversion will require completing by the new occupier/tenant - see attached plans. Access is proposed to be gained from the rear of the property.
Externally, there is a substantial enclosed former beer garden, offering scope for further extension or amenity space for either ground or upper floors.
LEASE TERMS
Available as a whole by way of new Tenant's Full Repairing and Insuring lease terms, with the ability to sub-let the apartments and ground floor commercial unit.
Consideration may be given to the rental of the ground floor separately.
RENTAL
Rent on Application.
SALE PRICE
£1,000,000 (£1 million).
VAT
The property is elected for VAT.
PLANNING
Planning consent has been approved and implemented with conditions, for change of use from Public House/Hotel to a Retail Unit (Class E) at ground floor and 6 x apartments on the first and second floors together with associated alterations to external elevations including covered staircase and walkway to the rear. Planning Ref: 15346/23.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Property Subtype
Office/Residential
Building Size
5,319 SF
Building Class
C
Year Built
1950
Price
£1,000,000
Price Per SF
£188
Percent Leased
52%
Number of Floors
4
Typical Floor Size
1,330 SF
AMENITIES
- Kitchen
- Reception
- Basement
- Natural Light
- Open-Plan
- Secure Storage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Available as a whole by way of a tenants full repairing and insuring ease terms with the ability to sub-let the apartments and ground floor commercial unit.
| Space | Size | Space Use | Condition | Available |
| Ground | 2,574 SF | Retail | Partial Build-Out | Now |
Ground
| Size |
| 2,574 SF |
| Space Use |
| Retail |
| Condition |
| Partial Build-Out |
| Available |
| Now |
Ground
| Size | 2,574 SF |
| Space Use | Retail |
| Condition | Partial Build-Out |
| Available | Now |
Available as a whole by way of a tenants full repairing and insuring ease terms with the ability to sub-let the apartments and ground floor commercial unit.
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140 St. Helens Rd
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