Property Details
Pugh Auctions
Lot 012b
Lot 012b
Auction: July 2017

Retail Ground Rent Investment, Market Street, Little Lever, Bolton, Greater Manchester, BL3 1HN

Property Placeholder
Withdrawn
Property Details
Location

The properties are located in Little Lever town centre on Market Street (A6053). Bolton town centre is approximately 4 miles to the north west.

Description

Freehold retail ground rent investment which includes 10 leases all for terms of 999 years with 5 yearly RPI rent reviews. The freehold title includes a car park which is managed within the investment being sold.

Tenure

Freehold.

Planning

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

Tenancy

There are 9 x 999 year lease at a current rent per lease of ú250 per annum which is subject to a 5 yearly RPI rent review pattern. There is 1 x 999 year lease at a current rent reserved of ú500 per annum which is subject to a 5 yearly RPI rent review pattern. The current management income from the service charge in place is ú3,000 per annum (Full details of the service charge budget is included in the legal pack). Total Current Income- ú5,750 per annum

Addendum

This lot has been WITHDRAWN from the auction.

Property Location Address:
Retail Ground Rent Investment,
Market Street,
Little Lever,
Bolton,
Greater Manchester,
BL3 1HN
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Auction Details
Auction: July 2017 Date: 18th July 2017 Lot Number: 012b Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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