Gilnow Mill, Spa Road, Bolton, Greater Manchester

Location

The property is located off Spa Road approximately one kilometre west of Bolton town centre in an otherwise residential area. The site is also contiguous with Gilnow Road which is a local arterial route.
The location is well served by public transport and is in easy walking distance of the town centre, Queens Park (the town’s main park), schools (including Bolton
School) and amenities

Description

Gilnow Mill is a Grade II Listed Building being a former spinning and weaving mill now providing multi-let industrial low grade accommodation.

Currently the property is generating a rental income of some £69,809 gross yearly rental. Note the rental income can fluctuate to reflect the nature of the lettings and tenants. In its current condition and assuming 100% occupancy the estimated gross rental value should be in the order of £129,000 per year.

The property/site is allocated in Bolton MBC’s Local Plan of April 2013 for residential use. Subject to necessary statutory consents the property provides
an opportunity for conversion/re-development.

Accommodation


Unit Size Description
G/G/1 1,154 m²
(12,426 sq ft)
Ground floor industrial or workshop unit with own gated service yard. Three Phase electricity.
G/G/13 441 m²
(4,744 sq ft)
Ground floor unit with 3 phase electricity and sprinklered. Located nearby to loading bay.
G/1/1 286 m²
(3,076 sq ft)
Large workshop or storage space with three phase electricity, sprinklered with metered gas and electricity.
G/1/2 202 m²
(2,173 sq ft)
First floor unit with office space. Three phase electricity, sprinklered with metered gas and electricity. Linked to G/1/3
G/1/3 232 m²
(2,496 sq ft)
First floor unit with office space. Three phase electricity, sprinklered with metered gas and electricity. Linked to G/1/2 with possibility to merge units.
G/1/4 1,807 m²
(19,446 sq ft)
First floor unit with office space. Three phase electricity, sprinklered with metered gas and electricity. Close to small goods lift.
G/1/5 174 m²
(1,869 sq ft)
First floor office space with separate meeting room and kitchen. Carpeted with blinds.
G/2/1 1,807 m²
(19,450 sq ft)
Large workshop or storage space with three phase electricity, sprinklered with its own toilets.
G/3/1 1,827 m²
(19,664 sq ft)
Large workshop or storage space with three phase electricity, sprinklered and close to small goods lift
Old Church 492m2
(5,292 sq ft)
Large retail unit with its own separate front access. Carpeted floors and separate offices within the unit.

Proposition

PRICES FROM £625 p.c.m
Our clients are seeking to grant a new lease for a
period to be agreed on easy in and easy out terms.

VAT

Unless otherwise stated all figures are exclusive of Value Added Tax, any prospective purchasers should satisfy themselves of any liability to pay VAT on any transaction.

Legal costs

Each party to bear their own costs.

Viewing information

For further information please contact us on the number below. Viewings are strictly by appointment with P R Gibbs & Co by telephoning Mr Stuart Bateman 01942 844100 or email stuart.bateman@prgibbs.co.uk. We are open from 9am to 5pm Monday to Friday.