140 St. Helens Rd

LOCATION The property is located prominently fronting St. Helens Road (A579), at its junction with Blackledge Street, approximately 1.25 miles south west of Bolton Town Centre. The immediate area is a vibrant, mixed-use area with nearby occupiers including residential, education, retail, office and industrial uses. The property sits on a busy public transport route, approximately 2.35 miles from junction 4 of the M61 motorway. Royal Bolton Hospital is within a 1.5 mile distance from the property. 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. SERVICES All mains services are connected to the property. We are advised there are separate electric and water suppliers to the apartments. Please note that Turner Westwell Commercial Agents have not tested any of the service installations or appliances. ACCOMMODATION In accordance with the RICS Property Measurement (2nd Edition), we have calculated the following approximate Net Internal Areas: Description/Floor Sq M Sq Ft Basement 81.66 879 Ground Floor 157.47 1,695 First Floor 126.62 1,363 Second Floor 128.39 1,382 Total 494.14 5,319 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 Offers invited - no guide price is to be discussed. Interested parties are invited to make an offer in writing. 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. LEGAL COSTS Each party are to be responsible for their own legal costs involved in the transaction. TENURE The property is held Freehold under Title Number GM823388. BUSINESS RATES Our enquiries of the Valuation Office Agency website have revealed that the subject property has a Rateable Value of £4,500, with effect from 1st April 2023. The 2023/2024 Business Rates Multiplier is 51.2 pence in the £ and the Small Business Rates Relief Multiplier is 49.9 pence in the £. 100% Business Rates Relief available for qualifying occupiers. Interested parties are advised to qualify this directly with the Local Rating Authority. COUNCIL TAX The property is rated as ''Band A'' for Council Tax purposes. The Council Tax charge for Band A properties for the 2024/2025 financial year for Bolton Metropolitan Borough Council is £1,427.38. The apartments will be assessed separately for Council Tax purposes on completion of works. EPC The ground floor element of property has a current Energy Efficiency Rating of D(94). The certificate is valid until 6th March 2028. A new EPC for the first and second floor residential elements will need to be obtained following completed works. ANTI-MONEY LAUNDERING In accordance with Anti Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. VIEWINGS Strictly by appointment with the sole agents TURNER WESTWELL COMMERCIAL AGENTS.