***CURRENTLY NO AVAILABILTY****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

If interested, call us on 01942 844100 and we will check the availability and see if there are any units that will match your requirements.

Proposition


THERE ARE CURRENTLY NO UNITS AVAILABLE
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 01942 844100 or emailing info@prgibbs.co.uk.