Let to Heron Foods Limited on a New Lease until 2030 (subject to option)
Heron Foods Limited in occupation for over 15 years
Attractive well configured flexible Retail Unit
Potential long term redevelopment opportunity (subject to planning consent)
Adjacent to a new 97 residential unit and 1,858.06 sq m (20,000 sq ft) commercial space development
Neighbouring occupiers include Asda, Iceland, Lidl and Home Bargains
Lot 23
Auction 12th February 2026
Rent £22,000 per Annum Exclusive
Status Sold Prior
Price
Sector Retail, Supermarket/Convenience
Auction Venue Live Streamed Auction
Property Information
Location
Miles
Approximately 8 miles northwest of Manchester city centre, 10 miles southeast of Bolton
Roads
A666, A575, M61, M60 (Manchester Outer Ring Road)
Rail
Farnworth Railway Station (direct services to Manchester Victoria and Bolton)
Air
Manchester Airport
Situation
The property is situated on north side of Brackley Street within the heart of Farnworth Town Centre. The property benefits from close proximity to a large Asda superstore and is adjacent to a new residential and commercial development comprising 97 residential units and 1,858.06 sq m (20,000 sq ft) of commercial spaces.
Neighbouring occupiers include Asda, Lidl, Iceland and Home Bargains, and a mix of local commercial occupiers. The nearby Asda car park provides 300 parking spaces.
Tenure
Freehold. (4)
Location
Miles
Approximately 8 miles northwest of Manchester city centre, 10 miles southeast of Bolton
Roads
A666, A575, M61, M60 (Manchester Outer Ring Road)
Rail
Farnworth Railway Station (direct services to Manchester Victoria and Bolton)
Air
Manchester Airport
Situation
The property is situated on north side of Brackley Street within the heart of Farnworth Town Centre. The property benefits from close proximity to a large Asda superstore and is adjacent to a new residential and commercial development comprising 97 residential units and 1,858.06 sq m (20,000 sq ft) of commercial spaces.
Neighbouring occupiers include Asda, Lidl, Iceland and Home Bargains, and a mix of local commercial occupiers. The nearby Asda car park provides 300 parking spaces.
Tenure
Freehold. (4)
Description
The property comprises a single-storey well configured retail unit, providing open-plan sales accommodation together with ancillary storage and staff facilities.
The property may benefit from longer term redevelopment potential, subject to obtaining the necessary planning consents.
VAT
VAT is applicable to this lot.
EPC
Band B
Description
The property comprises a single-storey well configured retail unit, providing open-plan sales accommodation together with ancillary storage and staff facilities.
The property may benefit from longer term redevelopment potential, subject to obtaining the necessary planning consents.
VAT
VAT is applicable to this lot.
EPC
Band B
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Reversion
Ground
Retail
272.00
(2,928)
HERON FOODS LIMITED (CRN 01392197) (2)
5 years from 23/12/2025 (3)
£22,000
22/12/2030
Total Approximate Floor Area
272.00 (1)
(2,928)
£22,000
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk). (2) Heron Food Limited (CRN:01392197) currently operate from over 340 shops nationwide and employ over 6000 people. Heron Food was established in 1979 and remained a family business until September 2017 when it was brought by B&M Stores (for more information, please see https://heronfoods.com/about/). For the 52 weeks ending 29th March 2025 Heron Foods Limited (CRN: 01392197) reported a Turnover of £546,474,000 and Net Assets of £101,293,000 and Pre Tax Profits of £18,346,000. (Report and Financial Statements as published at Companies House 16/01/2026). (3) The lease provides the Tenant option to determine the lease on 22/12/2028 upon serving 6 months written notice. (4) The Seller owns the Freehold interest under title number MAN222510 and MAN222483 and the head Leasehold interest held under title number GM842995 for a term of 120 years from 01/04/1998 until 31/03/2118. Both Freehold and the head Leasehold interest will be transferred to the Buyer.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
