Industrial / Investment
Bolton Road
Bridge Trading Estate, Bolton Road, Bury, Lancashire, BL8 2AQ
For sale
£4,750,000
Offers in excess ofSize
49,880 Sq Ft
Key features
- Genuine last mile urban location on the edge of Bury town centre
- Bury is located approximately 8 miles north of Manchester City Centre.
- The estate comprises 10 industrial / warehouse units totalling 49,880 sq. ft.
- Passing rent of £397,250 per annum, equating to a low average rent of £7.96 psf.
- Available upon request.
- Genuine last mile urban location on the edge of Bury town centreBury is located approximately 8 miles north of Manchester City Centre.The estate comprises 10 industrial / warehouse units totalling 49,880 sq. ft.Passing rent of £397,250 per annum, equating to a low average rent of £7.96 psf.Estimated Rental Value in the region of £430,044 plus per annum, equating to a conservative £8.62 psf.Most recent letting agreed May 2025 at £10.00 psf.Diverse spread of income with 11 individual tenants and no occupier accounting for more than 25% of the total current income.Over £1.3million capital expenditure spent on the estate in the last 5 years.
Overview
Description:
Bridge Trading Estate comprises an established purpose built multi-let industrial estate providing 10 units arranged in three terraces, with each unit providing a similar specification.
The majority of the units benefit from refurbishment works to varying degrees. The total capital expenditure since 2018 totals £1,363,310 with approximately £600,000 of this going towards refurbishment of the units.
In addition to the units, further income is generated via the lettings of land at the southern point of the estate and via an advertising hoarding to the front of the estate. The land offers the potential of an additional development opportunity as highlighted below, and subject to the necessary planning consents.
Development:
The plans highlight a potential development angle to erect a detached industrial unit with offices, reception, loading access and car parking. The indicative plans highlight a building footprint of approximately 6,512 sq ft, providing approximately 8,342 sq ft of internal accommodation.
An alternative scheme providing approximately 7x small starter units each providing in the region of 1,200 sq ft, with parking and associated yard area.
Location
Bury is located in the North West of England and forms part of Greater Manchester.
The metropolitan county of Greater Manchester combines 10 local authorities (including Manchester) and has a
population of in excess of 2.8 million people and an economy larger than that of Wales and Northern Ireland.
Manchester is well regarded as the UK’s second city and is the economic and cultural capital of the North West.
The town of Bury lies approximately 7.9 miles north of Manchester City Centre and according to the ONS (Office of National Statistics), Bury has a population of 193,800 and has witnessed a 4.7% increase since 2011.
As of 2021, Bury was ranked the 10th most densely populated of the North West’s 39 local authority areas.