Property Details
Pugh Auctions
Lot 010
Lot 010
Auction: July 2017

13 & 17 The Butts, Rochdale, Greater Manchester, OL16 1ES

Property Details
Location

The property is located in an established town centre retail position fronting on to The Butts which is accessed from Drake Street and Smith Street. The town's transport interchange and shopping centres are in close proximity. The end of the A627 (M) is approximately 3 miles to the south.

Description

Freehold town centre property which comprises two ground floor retail units, one which is let to Ladbrokes and one which is let as a hot food takeaway, the upper floors have been sold off on two separate long leasehold interests both for terms of 250 years from September 2013.

Accommodation

The following information has been provided by the Joint Agent: 13 The Butts (Ladbrokes) Sales and Staff Areas: 74 sq m (800 sq ft) 17 The Butts (Cafõ & Fish & Chip Shop) Sales, Seating Area and Staff Areas: 79 sq m (850 sq ft) Total: 153 sq m (1,650 sq ft)

Tenure

Freehold.

Planning

Interested parties should consult with the Local Planning Office, Rochdale Borough Council, Floor 3, Number One Riverside, Smith Street, Rochdale, OL16 1XU. Tel: 01706 924387 Email: development.control@rochdale.gov.uk.

Tenancy

13 The Butts- Is let to LADBROKES BETTING & GAMING LIMITED (Company Number: 00775667) by way of a 15 year lease from October 2011 at a current rent of ú8,750 per annum. The lease is subject to a rent review and tenants option to break the lease on the 22nd October 2021. 17 The Butts- Is let to an individual (with a named guarantor) by way of a 7 year lease from 26th July 2016 at a current rent reserved of ú12,000 per annum. The lease allows for upwards only rent reviews on the 1st January in both 2019 and 2021. Total Current Rent- ú20,750 PER ANNUM

General

1. Energy Performance Certificate = D. 2. The joint agents email address is yheheywood@hotmail.com.

Property Location Address:
13 & 17 The Butts,
Rochdale,
Greater Manchester,
OL16 1ES
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Auction Details
Auction: July 2017 Date: 18th July 2017 Lot Number: 010 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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