Property Details
Pugh Auctions
Lot 021
Lot 021
Auction: April 2019

36 Corporation Street, Bolton, Greater Manchester, BL1 2AN

Property Details
Location

The property is located in an established town centre position at the junction of Corporation Street & Bridge Street which link directly to the pedestrianised section of Deansgate. The town's Market Place Shopping Centre is opposite and nearby retailers include Marks & Spencers & Wilko's.

Description

Freehold town centre three storey retail investment which is let to a long standing tenant by way of an FRI lease at a current reserved of £15,000 per annum (please see tenancy comments).

Accommodation

We detail the following information taken from the VOA website:

Ground Floor
Sales- 23 sq m (247 sq ft)
First Floor-
Storage- 19 sq m (204 sq ft)
Second Floor
Storage- 19 sq m (204 sq ft)
Total
61 sq m (655 sq ft)

Outside

Rear access doorway.

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

The property is let by way of a 20 year FRI lease with approximately 2 years remaining trading as Craven Shoe Repairs & Key Cutting, the rent reserved by the lease is £15,000 per annum however we understand that the vendor has granted the tenant a rent concession (by way of side letter) to allow the rent payable to be £10,000 per annum. Full details to be provided in the legal pack.

Property Location Address:
36 Corporation Street,
Bolton,
Greater Manchester,
BL1 2AN
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Auction Details
Auction: April 2019 Date: 9th April 2019 Lot Number: 021 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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