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

Guide Price
£130,000

£134.16 per sq ft

Business rates & charges may apply

Miller Metcalfe, Bolton
SIZE AVAILABLE

969 sq ft

90 sq m

SECTOR

High street retail property for sale

Key features

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

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.

Location

The 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.

Lease

Miller 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.

Tenure

Leasehold - 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.

Brochures

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

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bolton Station0.3 miles
  • Hall i' th' Wood Station1.4 miles
  • Moses Gate Station1.8 miles

About Miller Metcalfe, Bolton

Burden House, 2-10 Bradshawgate, Bolton, BL1 1DG

Miller Metcalfe is a commercial, valuation, development and investment agency and forms part of a large multi-disciplinary property business. The Commercial department is well established across Greater Manchester and Lancashire and ensures optimal service levels and professionalism. Each staff member prides themselves on offering high quality and timely advice. Coupled with a wide scope of consultancy work. We build a rapport with businesses, councils and property investors throughout the region. As a result, we have gained business both in terms of new property listings and relationship building with purchasers. We are now growing an already successful department throughout the North-West. Based on our reputation for excellence and ensuring that rigorous standards are maintained in all the work we undertake.

The Services we offer include:

Office, industrial and retail agency

Land and Development

Investment

Valuation

Notes

These notes are private, only you can see them.

Disclaimer - Property reference COM250062. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Miller Metcalfe, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Miller Metcalfe, Bolton on 01204 958177.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Map data ©OpenStreetMap contributors.

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