Ground Rent Investment, North East Side Of Waterloo Street, Bolton, Greater Manchester , BL1 8HU
Ground Rent Investment, North East Side Of Waterloo Street, Bolton, Greater Manchester , BL1 8HU
The property is located in an established industrial position in Bolton on Waterloo Street & Calvin Street which is accessed from Blackburn Road (A666). Bolton town centre is approximately 400 metres away.
To be sold by auction. Freehold commercial ground rent investment which contains 4 individual ground leases, 2 of which are for the residue of 99 year leases and the other 2 which are for the residue of 125 year leases. The current rent reserved is £8,000 which is subject to upwards rent reviews.
Interested parties should consult direct with the Local Planning Office, Bolton Metropolitan Borough Council, Town Hall, Bolton, BL1 1RU. Tel: 01204 333333.
Lease 1- Is for a term of 99 years from 15th Feb 1980 at a rent of a peppercorn.
Lease 2- Is for a term of 99 years from 20th July 1981 at a current rent of £8,000 per annum and which is subject to a 5 year upwards only rent reviews.
Lease 3- Is for a term of 125 years from 30th June 2000 at a rent of a peppercorn.
Lease 4- Is for a term of 125 years from 6th November 2003 at a rent of a peppercorn rent.
This lot has SOLD PRIOR to the auction.
