Lot
064
Auction: May 2021 Online Auction 26/05/2021

34 Bridge Street, Bolton, Lancashire BL1 2EH

Property Details
Location
Auction Details
Description
A nightclub arranged over ground and first floors and extending to approximately 884 sq M (9,515 Sq Ft). The property is let until February 2027 at a rent of £39,000 per annum.
Location
The property is located on Bridge Street, opposite the Market Place shopping precinct and close to the junction with Bow Street (B6205), in the centre of Bolton.
Accommodation

DescriptionSq MSq Ft
Ground Floor:7468,030
First Floor:1381,485
Total:8849,515

Tenure
The property is held leasehold for a term of 108 years from 15 March 2013 to 19 September 2121 inclusive. We understand the current ground rent is £16,560 per annum with the next rent review being in September 2022.
Planning
Interested parties should consult direct with the Local Planning Authority: Bolton Metropolitan Borough Council, Town Hall, Bolton, BL1 1RU. Tel: 01204 333333.
Tenancy
The property is let to Newton Inns Ltd from 7 February 2020 until 6 February 2027 at a rent of £39,000 per annum. The lease is subject to a tenant break option, subject to 3 months written notice. Rent is being paid at 50% until 7 July 2021.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 25TH MAY AND CLOSES ON WEDNESDAY 26TH MAY.

3. The property is entered in the 2017 Rating List as "Club and Premises" with a Rateable Value of £54,500.

4. Energy Performance Certificate = E.

Our Nearest Office

Manchesterresize 600x300

Manchester

Search Available
Online Auctions
Search online auction icon
Guide to
Buying at Auction
Buying guide icon
Guide to Selling
Your Property
Selling guide icon
Sign Up For
Auction Alerts
Alert icon