Ground Rent Investment, Bury Road Industrial Estate, Breightmet, Bolton, Lancashire, BL2 6PU
Ground Rent Investment, Bury Road Industrial Estate, Breightmet, Bolton, Lancashire, BL2 6PU
The industrial estate is located off Bury Road, Breighment Fold Lane & Manor Gate Road within an established area for industrial/commercial premises. Bolton town centre is around 3 miles to the south west.
Freehold commercial ground rent investment which contains 4 individual ground leases, 1 lease for the residue of 99 years from 1968, 1 lease for the residue of 125 years from 1993 and 2 leases for the residue of 250 years 1999 and 2004. The rent reserved is £1,075 per annum which is payable on the lease from 1968 and which is granted BRITISH TELECOMMUNICATIONS PLC.
The site being sold is held under two separate freehold titles (MAN14989 & LA84393) and the registered plans are available at the website.
Freehold.
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 8 April 1968 at a rent of £1,075 per annum granted to BRITISH TELECOMMUNICATIONS PLC.
- Lease 2- Is for a term of 125 years from 4 January 1993 granted to a limited company. (No rent payable).
- Lease 3- Is for a term of 250 years from 24 September 1999 granted to individuals. (No rent payable).
- Lease 4- Is for a term of 250 years from 11 May 2004 granted to a limited company at a peppercorn per annum.
This lot has SOLD PRIOR to the auction.
