Office/residential investment opportunity for sale in Ramsbottom

This property is marketed by:
Taylor Weaver

Features:

• FOR SALE - Office and residential investment opportunity
• Offers over £450,000 + VAT (9.7% NIY)
• Producing total annual rent of £45,409 per annum
• Office accommodation let to secure tenant (Fashionmaster Ltd)
• Detached property with parking

Location

Corner Pin House is located fronting Bolton Road North close to the town centre of Ramsbottom. The property is located in a mainly commercial location directly adjacent to the popular Cuba Industrial Estate.

The property less than one mile from the M66 motorway providing good access into Greater Manchester and the wider national motorway network.

Description

The detached property was formerly a pub before it was comprehensively refurbished in the early 2000s. The property is stone built under a pitched slate roof and timber trusses and benefits from a large car park for up to 15 cars around the rear and side of the property.

The former pub was converted to create high quality office accommodation and a self-contained 2 bed apartment. Both aspects of the property have been well maintained and benefit from long standing tenants.

The building is arranged over ground and first floors with the ground floor offices predominately open plan and the first split into four smaller private offices / meeting rooms. The apartment is on the first floor and accessed via a private entrance from the rear of the property.

Accommodation

The office accommodation has been measured on a net internal area basis and is arranged as follows:

Ground Floor 1,340 sq. ft.

First Floor 895 sq. ft.

Basement 310 sq. ft.

TOTAL2,545 sq. ft.

The apartment is a two bed property with open plan living room / kitchen. A floor plan is available upon request.

Price

Offers over £450,000 (+VAT)

Tenure

Freehold.