13 Newport Street Bolton Greater Manchester BL1 1NE

  • 13 Newport Street<br>Bolton<br>Greater Manchester<br>BL1 1NE

13 Newport Street
Bolton
Greater Manchester
BL1 1NE

Freehold Retail Investment

  • Pedestrianised town centre location
  • Nearby occupiers include Greggs, Ryman, Ann Summers, Shoe Zone and Specsavers
  • Rent review in 2012
  • Six Week Completion Period Available
  • Lot
    38
  • Auction
    8th December 2011
  • Rent
    £50,500 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
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Freehold Retail Investment

  • Pedestrianised town centre location
  • Nearby occupiers include Greggs, Ryman, Ann Summers, Shoe Zone and Specsavers
  • Rent review in 2012
  • Six Week Completion Period Available
  • Lot 38
  • Auction 8th December 2011
  • Rent £50,500 per Annum Exclusive
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
12 miles north-west of Manchester city centre
Roads
A666, A579, M60, M61, M57
Rail
Bolton Rail
Air
Manchester Airport, Leeds Bradford International Airport
Situation

The property is situated in a prime position on the busy pedestrianised retail thoroughfare of Newport Street, close to the junction with Great Moor Street and Crompton Place Shopping Centre. Nearby occupiers include Greggs, Ryman, Ann Summers, Shoe Zone and Specsavers.

Tenure

Freehold.

Location
Miles
12 miles north-west of Manchester city centre
Roads
A666, A579, M60, M61, M57
Rail
Bolton Rail
Air
Manchester Airport, Leeds Bradford International Airport
Situation

The property is situated in a prime position on the busy pedestrianised retail thoroughfare of Newport Street, close to the junction with Great Moor Street and Crompton Place Shopping Centre. Nearby occupiers include Greggs, Ryman, Ann Summers, Shoe Zone and Specsavers.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with ancillary accommodation in the basement, first and second floors.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit with ancillary accommodation in the basement, first and second floors.

VAT

VAT is applicable to this lot.

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 Reviews


Ground
Basement
First
Second
Net Frontage
Shop Depth
Retail
Ancillary
Ancillary
Ancillary
5.79 m
19.96 m
98.01 sq m
46.91 sq m
91.51 sq m
89.18 sq m
(19’ 0”)
(65’ 6”)
(1,055 sq ft)
(505 sq ft)
(985 sq ft)
(960 sq ft)
HARVEY &
THOMPSON LTD (1)
15 years from 19/09/2002
(2)
£50,500 2012
Totals  
325.61 sq m
(3,505 sq ft)
    £50,500  

(1) For the year ending 31st December 2010, Harvey & Thompson Limited reported a turnover of £126,420,000, pre-tax profits of £28,422,000 and a total net worth of £47,256,000. (Source: www.riskdisk.com 24/10/2011)
(2) The tenant has the option to determine the lease on the 10th anniversary of the term with no less than 6 months' written notice.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Martin SzamfeberMartin Szamfeber +44 (0)20 7034 4858 martin.szamfeber@acuitus.co.uk
Seller's Solicitors
Clifford Harris & Co 58 Queen Anne Street
London
W1G 8HW
0207 486 0031
Martin Selwood +44 (0)207 486 0031ms@cliffordharris.co.uk  Astrid Hand +44 (0)207 486 0031ah@cliffordharris.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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