206 Bolton Street, Ramsbottom, Bury, Lancashire BL0 9JE

Description

A mixed-use freehold investment opportunity comprising a ground floor retail unit, extended to the rear and currently trading as a beauty salon, together with two self-contained flats to the rear. Included within the title is an alleyway, accessed via a door adjacent to the salon, which leads to the rear of the salon and contains separate meters for each flat and the salon.

Accommodation

Ground floor retail unit extended to the rear and trading as a beauty salon, together with two self-contained flats to the rear. An alleyway within the title leads to the rear of the salon and contains separate meters for each flat and the salon.

Location

The property occupies a prominent position on Bolton Street, one of Ramsbottom's established commercial locations, benefiting from good pedestrian and passing footfall. Ramsbottom is a popular and sought-after town with independent shops, cafés, restaurants, bars and other local amenities.

Tenure / Property Information

Investment Analysis

The £170,000+ guide cannot be validated from the supplied evidence. The sold comparables are dated 2004–2011, relate to nearby terraced properties rather than this mixed-use freehold investment, and provide no reliable current valuation benchmark. No current rental income, lease terms, EPC, condition report or specialist valuation evidence is supplied. The property comprises a retail unit let until August 2027 and two flats reportedly occupied for over 10 years, but the rents and tenancy documentation are unavailable.

Investment Snapshot

Strategy Recommendation

Proceed only after verifying the retail lease, both flat tenancies, passing rents, arrears, legal title, access and condition. On the supplied evidence, do not rely on BTL, BRRR or flip returns when bidding.

Works Required

No specific refurbishment works are evidenced. Obtain a full building survey and review the retail and flat tenancy documentation, meters, access arrangements, statutory compliance and repair obligations before budgeting for any works. Allow only for identified maintenance after inspection.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed because there is no supported current or post-works GDV, rent, refurbishment budget or documented tenancy income. The 75% refinance figure and indicative cash position are therefore unsupported. The existing occupation may provide income continuity, but this must be evidenced through leases, rent statements and tenant documentation.

Buy-to-Let Analysis

The property is occupied, but no passing rents or sufficiently specific rental evidence are supplied. Consequently, annual income, gross yield and affordability cannot be established. The retail tenancy runs until August 2027 and the flats have reportedly been occupied for over 10 years; the actual rents, arrears position, deposits, repairing obligations and tenancy status require verification.

Flip Analysis

A flip assessment cannot be supported. No current market evidence for comparable mixed-use properties, refurbishment scope, GDV or selling-cost allowance is supplied. The historic nearby sales are too old and are not sufficiently comparable to calculate a reliable resale surplus.

Investor Risks & Due Diligence

• No passing rents or rental comparables are supplied, so income and yield cannot be calculated.

• The retail tenancy runs until August 2027; lease terms, rent review provisions, repairing obligations and expiry options are not provided.

• The two flats have reportedly been occupied for over 10 years, but tenancy agreements, rent records, arrears and possession position are not evidenced.

• The sold comparables are historic and relate to terraced properties rather than this mixed-use asset.

• Additional fees may be listed in the Special Conditions of Sale and are not quantified.

• Condition, statutory compliance, EPC information and repair requirements are not supplied.

• The title includes an alleyway and separate meters; rights of access, responsibilities and meter arrangements should be legally verified.

Recommendation

Proceed only after verifying the retail lease, both flat tenancies, passing rents, arrears, legal title, access and condition. On the supplied evidence, do not rely on BTL, BRRR or flip returns when bidding.

Strategy Rating

Analysis Confidence

The property description, tenure, occupancy and guide are supplied, but current income, lease terms, condition, EPC, valuation evidence, refurbishment costs and comparable market data are missing.