Property Details
Pugh Auctions
Lot 053
Lot 053
Auction: December 2016

42 & 42a Higher Market Street, Farnworth, Bolton, Greater Manchester, BL4 9AJ

Property Details
Location

The property fronts on to Higher Market Street (A6053) at the junction with Russell Street and within an established retail parade of shops. Junction 3 of the M61 Motorway is approximately 1 mile to the south.

Description

Two storey end of terrace retail and residential property which comprises a charity shop to the ground floor which is let by way of a business tenancy plus a separately accessed self contained one bedroom flat to the upper floor that is let by way of an AST agreement.

Accommodation

We detail below the following accommodation which has been taken from the VOA website and provided by the Vendor: Ground Floor (Retail Unit): Sales, Storage and Staff Areas 75 sq m (807 sq ft) First Floor (Flat): One Bedroom, Lounge, Kitchen and Bathroom

Outside

Access to the flat (42A) via a separate door at the rear of the property.

Approx Site Area

Approximately 92 sq m (110 sq yds).

Tenure

Leasehold for a term expiring on the 31st October 2852 at a rent of a peppercorn per annum.

Planning

Interested parties should consult direct with the Local Planning Office, Bolton Metropolitan Borough Council, Town Hall, Bolton, BL1 1RU. Tel: 01204 333333.

Tenancy

Retail Unit: Let to the Bolton Hospice (Registered Charity No. 518704) Charity Shop by way of a 5 year business tenancy from 1st October 2015 at a current rent of ú6,500 per annum. There is a tenants option to break the lease and a rent review on the 1st October 2018. Flat: Let by way of AST agreement at annual equivalent rent of ú4,284.

VAT

VAT is payable in addition to the purchase price.

General

Energy Performance Certificate = F.

Property Location Address:
42 & 42a Higher Market Street,
Farnworth,
Bolton,
Greater Manchester,
BL4 9AJ
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Auction Details
Auction: December 2016 Date: 6th December 2016 Lot Number: 053 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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