Bradshawgate, Bolton, Greater Manchester, England, BL1 1QD

Property Details: • Type: N/A • Tenure: N/A • Floor Area: N/A

Key Features: • Income Producing Investment • 2 Parking Spaces to Rear • Ground Floor Unit • Town Centre Location

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Burden House, 2-10 Bradshawgate, Bolton, BL1 1DG

Full Description: For sale by Modern Method of Auction: Starting Bid Price £130,000 plus Reservation Fee. Income Producing Investment - £15,000 per annum.Ground floor retail unit which is occupied by a convenience store. The accommodation comprises a shop front, back room, office, kitchen area and WC. There is also parking to the rear.LocationThe subject property is situated on Bradshawgate a main road through Bolton Town Centre and close to many local amenities. Within walking distance to the Interchange. It is located in a mixed use commercial area incorporating a variety of occupiers such as professional offices, retail operators and leisure users.LeaseMiller Metcalfe have been advised the lease is 5 years from 5th September 2024 at a current rent of £15,000 per annum, on a full repairing and insuring. Rent review every 2 years open market, upward only. Tenant and Landlord mutually have right to determine the lease on or after the 3rd year anniversary with notice. Rent deposit held of £3,750. The tenant has a 10 year franchise.TenureLeasehold - Held on a 250 Year lease from 1st January 2014 at a ground rent of £250 p.a. Rent review linked to RPI on 1st July 2024 and every 5 years thereafter.