Property Details
Pugh Auctions
Lot 060b
Lot 060b
Auction: September 2018

Ground Rent Investment, Three Parcels Of Land , Off Waterloo Street / Longson Street, Bolton, Greater Manchester, BL1 2SP

Property Details
Location

The three parcels of land are located in an industrial position in Bolton off Waterloo Street & Longson Street which is accessed from Folds Road (A676). Bolton town centre is approximately 400 metres away.

Description

Freehold commercial ground rent which contains three individual parcels of land which have been sold off on three individual leases, one which contains a car park, an industrial estate & an industrial yard. One of the leases has a current rent reserved of £3,000 per annum which is subject to 7 yearly upwards only rent review clause.

Approx Site Area

Parcel of land number one- 0.1 hectares (0.24 acres) Parcel of land number two- 0.32 hectares (0.78 acres) Parcel of land number three- 0.37 hectares (0.93 acres) Total- 0.79 hectares (1.95 acres)

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

Parcel of land number one- Is let for a term of 125 years from 23rd February 2000 to Bolton Gate Company Limited at a current rent of £3,000 per annum which is subject to 7 yearly upwards only rent reviews. Parcel of land number two- Is let for a term of 125 years from 3rd December 1984 to Northern Trust Company Limited at a rent of a peppercorn per annum. Parcel of land number three- Is let for a term of 99 years from 8th January 2002 to two individuals at nil rent per annum.

Property Location Address:
Ground Rent Investment,
Three Parcels Of Land ,
Off Waterloo Street / Longson Street,
Bolton,
Greater Manchester,
BL1 2SP
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Auction Details
Auction: September 2018 Date: 6th September 2018 Lot Number: 060b Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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