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31 Chorley New Rd 1,783 SF Office Building Bolton BL1 4QR $408,360 ($229.03/SF) 8.07% Cap Rate
Investment Highlights
- Prominent Georgian office building with parking.
- Bolton Town Centre is approximately 0.5 miles south east and is within walking distance.
- Prestigious terrace of professional occupiers.
Executive Summary
The property is let to the Bolton Impact Trust who also occupy number 33 & 35 in the same block. The term expires 13/5/2030 and there is a tenants break clause 13/6/2026 by serving not less than 6 months in advance. The tenant occupies on a full repairing and insuring lease let subject to a schedule of condition.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
1,783 SF
Building Class
B
Year Built
1912
Price
$408,360
Price Per SF
$229.03
Cap Rate
8.07%
NOI
$32,955
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
446 SF
Building FAR
0.88
Lot Size
0.05 AC
Parking
4 Spaces (2.24 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Security System
- Accent Lighting
- Automatic Blinds
- Storage Space
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31 Chorley New Rd
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