Car Dealership | Manchester Rd
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Car Dealership Manchester Rd
21,427 SF Retail Building Bolton BL3 2NU $6,075,873 ($284/SF) 6.26% Cap Rate
Investment Highlights
- Highly secure, long-income car dealership investment located in Bolton
- Modern flagship Volvo car dealership extending to 21,427 sq.ft on a large site of 2.30 acres.
- Prominently situated on Manchester Road, Bolton’s primary trade counter, car dealership and retail warehouse pitch
Executive Summary
We are instructed to seek offers in excess of £4,800,000 (Four Million Eight Hundred Thousand Pounds), subject to contract, which reflects a net initial lyield of 6.26%, after purchaser’s costs of 6.59%
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Auto Dealership
Building Size
21,427 SF
Building Class
B
Year Built
2021
Price
$6,075,873
Price Per SF
$284
Cap Rate
6.26%
NOI
$380,350
Tenancy
Single
Building Height
2 Stories
Building FAR
0.07
Land Acres
6.87 AC
Parking
16 Spaces (0.75 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
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Car Dealership | Manchester Rd
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