Long leasehold commercial investment – guide price £700,000
Let to established national occupier Marshall Motor Group Ltd
Current passing rent of £57,340 per annum
Profit rent of £50,840 per annum after £6,500 head rent
Occupational lease running until 25 March 2031
Tenant did not exercise March 2026 break option
Approx. 7,500 sq ft detached twin-bay workshop with secure yard & parking
Established Bolton commercial location with excellent A666 access
Regency Estates are delighted to offer to the market this established commercial investment opportunity situated on Mill Street, Bolton and currently occupied by Marshall Motor Group Ltd.
The property comprises a substantial detached twin-bay workshop/warehouse facility extending to approximately 7,500 sq ft, together with ancillary accommodation and a generous secure yard providing excellent external space, vehicle circulation and parking.
Having recently inspected the property, we consider both the building and overall site to provide a highly functional facility particularly well suited to its current motor trade use.
The property is currently let to Marshall Motor Group Ltd under an occupational lease running until 25 March 2031. Importantly, the tenant's break opportunity in March 2026 was not exercised, providing an investor with approximately five years of contracted income from an established national occupier.
The current passing rent is £57,340 per annum.
Investment & Tenure
The property is offered for sale by way of the vendor's long leasehold interest.
The head lease was originally granted for a term of 99 years from 1 September 1974, leaving approximately 47 years unexpired.
The current rent payable under the head lease is £6,500 per annum, resulting in a current profit rent of £50,840 per annum.
At the guide price of £700,000, this represents a return of approximately 7.26% based upon the current profit rent, before purchaser's costs.
The occupational lease is understood to be on a full repairing basis, with the occupational tenant responsible for the relevant repairing, insurance and associated obligations in accordance with the lease.
Accommodation & Site
The property provides approximately 7,500 sq ft of accommodation and has historically been used within the motor trade.
The building comprises substantial workshop/warehouse accommodation arranged across two principal bays, together with associated office and ancillary areas.
Externally, one of the property's major advantages is its secure yard and parking provision, providing useful vehicle storage, access and circulation around the premises.
The combination of the building, yard and established commercial location creates an investment with both an attractive current income and an underlying property interest extending considerably beyond the existing occupational lease.
Location
The property occupies an established commercial position on Mill Street, Bolton, with convenient access to the surrounding road network and the A666, providing connections towards Bolton town centre and the wider Greater Manchester motorway network.
The surrounding area accommodates a mixture of established industrial, workshop, motor trade and commercial occupiers, making the location particularly well suited to the property's existing use.
Investment Summary
The opportunity provides an investor with an established tenant, a strong current rental income and a substantial commercial property and site.
Marshall Motor Group Ltd currently pay £57,340 per annum, with the head rent of £6,500 per annum producing a profit rent of £50,840 per annum. The tenant did not exercise its March 2026 break and the occupational lease therefore continues until March 2031.
The property is offered at a guide price of £700,000 for the long leasehold interest.
Further lease information and documentation can be made available to seriously interested parties via Regency Estates.
Viewings are strictly by appointment through Regency Estates.
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