Property Details
Pugh Auctions
Agency

65 Bridge Street & 15 Back Bridge Street , Manchester, Greater Manchester, M3 3BQ

Property Details
Location

The property is located fronting on to Bridge Street & Back Bridge Street in an established & prime city centre commercial position and very close to the intersections with Deansgate & John Dalton Street.

Description

TO BE OFFERED BY AUCTION ON 9TH APRIL 2019, IF NOT SOLD PRIOR TO AUCTION. Freehold fully let four storey city centre & prime located multi let commercial premises which is currently arranged for four individual tenants at current rent reserved of £79,500 per annum which is subject to 3 year upwards only rent reviews.

Accommodation

We detail below the following accommodation taken from the VOA website:
15 Back Bridge Street (Hairdressers)- 8 sq m (86 sq ft)
65 Bridge Street
Ground Floor- (Hairdressers)- 42 sq m (452 sq ft)
First Floor- (Offices)- 76 sq m (818 sq ft)
Second Floor- (Offices)- 76 sq m (818 sq ft)
Basement- (Bar / Nightclub)- Not Measured

Outside

Entrance both on Bridge Street & Back Bridge Street (Please see photographs).

Approx Site Area

Approximately 115 sq m (139 sq yds).

Tenure

Freehold.

Planning

Interested parties should consult direct with the Local Planning Office, Manchester City Council, Town Hall, Albert Square, Manchester, M60 2LA. Tel: 0161 234 5000, Fax: 0161 236 5909.

Tenancy

15 Back Bridge Street- Let to two individuals trading as Urban Gent Barbers on a 5 year lease from 1st November 2016 at a rent of £15,000 per annum which is subject to a 3 year upwards only rent review. 65 Bridge Street Ground Floor (Hairdressers)- Let by way of a 10 year lease from 22nd November 2016 granted to Manchester Barbers Limited at a rent of £25,000 per annum which is subject to a 3 year upwards only rent review. Basement (Bar / Nightclub)- Let by way of a 10 year lease from 30th September 2015 granted to All About Ale Limited at a rent of £10,000 per annum which is subject to a 3 year upwards only rent review. First & Second Floors (Offices)- Let by way of a 15 year lease from 18th September 2018 granted to Manchester Leasing Company LTD at a rent of £29,500 per annum which is subject to a 3 year upwards only rent review. The landlord has a 3 month option to break the lease at anytime and the lease is outside of the L & T Act 1954.

Property Location Address:
65 Bridge Street & 15 Back Bridge Street ,
Manchester,
Greater Manchester,
M3 3BQ
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