Investment property in Ramsbottom

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. The retail unit is let at £190 per week (£9,880 per annum), with the current tenancy running until August 2027. The two flats each produce £120 per week, providing a combined rental income of £12,480 per annum. We understand that the tenants of the flats have occupied the properties for over 10 years. The property therefore generates a total current rental income of £22,360 per annum, offering an established income stream with potential for rental growth. 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, well known for its mix of independent shops, cafés, restaurants, bars and other local amenities, supporting demand for both commercial and residential accommodation.