Offers in region of
£725,000
(£47.70/sq. ft)
Retail premises for sale24 Silver Street, Bury BL9
15,200 sq. ft
EPC Rating: D
Freehold
About this property
Vacant possession
Iconic building located in bury town centre
Approx. 15,200 sq ft over four floors
Offers A great development opportunity
Minutes walk to the metrolink and bus station
Short drive to the M60
Description
The Old Royal Hotel is a prominent building located in the town centre of Bury on Silver Street, well placed for all Bury has to offer as well as having fantastic links to the motorway network and trams to Manchester. The property itself is set over four floors with approx. 15,200 sq ft of internal space. The most recent uses of the building were a nightclub (to the ground and basement level), a separate bar (to the rear ground floor level) and office space (to the first, second and third floors). The approx. Square footage per floor is as follows - Ground Floor approx. 6,500 sq ft, Basement approx. 1,500 sq ft, with the upper floors having approx. 7,200 sq ft.
This is a great development opportunity for a buyer to let this building to give a high percentage yield, or further enhance the building with conversions possible subject to the usual consents for either commercial or residential use, or even turning back to a hotel.
Location
The property is located in Bury town centre on bustling Silver Street, well placed for bars, shops, The Rock development, tram links and motorway access.
The Old Royal Hotel is a prominent building located in the town centre of Bury on Silver Street, well placed for all Bury has to offer as well as having fantastic links to the motorway network and trams to Manchester. The property itself is set over four floors with approx. 15,200 sq ft of internal space. The most recent uses of the building were a nightclub (to the ground and basement level), a separate bar (to the rear ground floor level) and office space (to the first, second and third floors). The approx. Square footage per floor is as follows - Ground Floor approx. 6,500 sq ft, Basement approx. 1,500 sq ft, with the upper floors having approx. 7,200 sq ft.
This is a great development opportunity for a buyer to let this building to give a high percentage yield, or further enhance the building with conversions possible subject to the usual consents for either commercial or residential use, or even turning back to a hotel.
Location
The property is located in Bury town centre on bustling Silver Street, well placed for bars, shops, The Rock development, tram links and motorway access.
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Monthly repayment
£3,626 per month
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