Property photos
Just added
Guide price
£430,000
Retail premises for sale
Manchester Road, Bury BL9Local area information
Property location
Nearby amenities
- Bury Catholic Preparatory School 0.1 miles
- Bury Church of England High School 0.1 miles
- Kearsley (Manchester) 4.2 miles
- Farnworth 4.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bury to find out more about the local area.
Features and description
- Investment Opportunity
- Freehold Property
- Potential rental income per annum - around 50,100k
Summary
This fully let, mixed-use commercial property offers an excellent investment opportunity with a strong and reliable income stream. The building comprises four self-contained one-bedroom flats and two ground-floor commercial units, all currently occupied. The residential flats are well presented, independently accessed, and fully tenanted, with clear scope for rental uplift in the future.
One of the commercial units is let on a new five-year lease beginning on 1st November 2025 at a rent of 900 per month, payable quarterly in advance, with a contracted increase to 1,000 per month from 1st November 2028. The second retail unit generates 1,100 per month, also payable quarterly in advance. This combination of commercial and residential accommodation provides a well-balanced and diversified income profile.
The property currently produces an annual income of 50,100, with significant potential to enhance returns through future rent increases across both the commercial and residential elements. Fully let and positioned to deliver stable long-term performance, the asset offers an attractive yield in excess of 10%, making it a compelling choice for investors seeking a high-performing and low-maintenance addition to their portfolio.
Please note: Images of the entire building are not included.
Tenure: Freehold
Description
This fully let, mixed-use commercial property offers an excellent investment opportunity with a strong and reliable income stream. The building comprises four self-contained one-bedroom flats and two ground-floor commercial units, all currently occupied.
Tenure
Freehold: - title number: MAN145093
EPC
B&C Ratings
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
This fully let, mixed-use commercial property offers an excellent investment opportunity with a strong and reliable income stream. The building comprises four self-contained one-bedroom flats and two ground-floor commercial units, all currently occupied. The residential flats are well presented, independently accessed, and fully tenanted, with clear scope for rental uplift in the future.
One of the commercial units is let on a new five-year lease beginning on 1st November 2025 at a rent of 900 per month, payable quarterly in advance, with a contracted increase to 1,000 per month from 1st November 2028. The second retail unit generates 1,100 per month, also payable quarterly in advance. This combination of commercial and residential accommodation provides a well-balanced and diversified income profile.
The property currently produces an annual income of 50,100, with significant potential to enhance returns through future rent increases across both the commercial and residential elements. Fully let and positioned to deliver stable long-term performance, the asset offers an attractive yield in excess of 10%, making it a compelling choice for investors seeking a high-performing and low-maintenance addition to their portfolio.
Please note: Images of the entire building are not included.
Tenure: Freehold
Description
This fully let, mixed-use commercial property offers an excellent investment opportunity with a strong and reliable income stream. The building comprises four self-contained one-bedroom flats and two ground-floor commercial units, all currently occupied.
Tenure
Freehold: - title number: MAN145093
EPC
B&C Ratings
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
More information
Listed by
Pattinson - Commercial
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