Property Details
Pugh Auctions
Lot 044
Lot 044
Auction: October 2018

Ground Rent Investment, North East Side Of Waterloo Street, Bolton, Greater Manchester , BL1 8HU

Property Details
Location

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.

Description

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.

Planning

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

Tenancy

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.

Addendum

This lot has SOLD PRIOR to the auction.

Property Location Address:
Ground Rent Investment,
North East Side Of Waterloo Street,
Bolton,
Greater Manchester ,
BL1 8HU
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Auction Details
Auction: October 2018 Date: 18th October 2018 Lot Number: 044 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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