Close to Farnworth Market and Asda Superstore, with Iceland, Greggs, Heron Foods and Home Bargains nearby
Lot 51
Auction 14th February 2018
Rent £23,500 per Annum Exclusive
Status Sold
Price £216,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
2.5 miles south-east of Bolton, 9 miles north-west of Manchester City Centre
Roads
A666, M61 (junction 3)
Rail
Farnworth Railway Station
Air
Manchester Airport
Situation
The property is situated in a busy pedestrianised location on the southern side of Brackley Street, which is the prime trading location in the town. The property benefits from being located opposite Farnworth Market and is also 100 metres from Asda Superstore. The property adjoins Card Factory and other nearby occupiers include Iceland, Heron Foods, Greggs, Superdrug, Pound Bakery, Select, B&M and Home Bargains. The town's two major car parks are also close by.
Tenure
Freehold.
Location
Miles
2.5 miles south-east of Bolton, 9 miles north-west of Manchester City Centre
Roads
A666, M61 (junction 3)
Rail
Farnworth Railway Station
Air
Manchester Airport
Situation
The property is situated in a busy pedestrianised location on the southern side of Brackley Street, which is the prime trading location in the town. The property benefits from being located opposite Farnworth Market and is also 100 metres from Asda Superstore. The property adjoins Card Factory and other nearby occupiers include Iceland, Heron Foods, Greggs, Superdrug, Pound Bakery, Select, B&M and Home Bargains. The town's two major car parks are also close by.
Tenure
Freehold.
Description
The property comprises a well configured shop arranged on the ground floor only.
VAT
VAT is applicable to this lot.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a well configured shop arranged on the ground floor only.
VAT
VAT is applicable to this lot.
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground
Retail/Ancillary
151.40 sq m
(1,630 sq ft)
THE PEOPLE'S DISPENSARY FOR SICK ANIMALS (1) t/a PDSA
5 years from 29/09/2017 (2) on a full repairing and insuring lease
£23,500
28/09/2022
Total
151.40 sq m
(1,630 sq ft)
£23,500
(1) Founded in 1917 by Maria Dickin CBE, PDSA is the UK’s leading veterinary charity with approximately 120 shops. Operating through a UK-wide network of 48 pet hospitals, PDSA provides free veterinary care to the sick and injured pets of people in need and promotes responsible pet ownership (Source: www.pdsa.co.uk 14/12/2017). (2) The lease provides for a tenant option to determine on 28th September 2020.