Property Details
Pugh Auctions
Auction: April 2019

Moorland House, 73-79 Knowsley Street, Bolton, Greater Manchester, BL1 2BJ

Property Details
Location

The property is located in an established town centre position with frontage both on to Knowsley Street & Bark Street. The property is located directly opposite to the Market Place Shopping Centre. Nearby retailers include Debenhams, Boots & McDonald's. There are a number of car parks in the nearby vicinity & the town's railway station is 0.5 miles to the south.

Description

Detached town centre located four storey (plus basement) multi let retail & office investment, measuring approximately 2,397 sq m (25,799 sq ft), the property includes 6 individual letting units, 5 of which are let at a current rent reserved of £72,000 per annum plus a vacant first floor office suite approximately 7,775 sq.ft. The property has the benefit of a barrier controlled car park for 15/20 cars.

Accommodation

We detail below the following accommodation & approximate net internal floor areas:

GF 73-75 Knowsley St
730 sq m (7,850 sq ft)
FF 73-75 Knowsley St
723 sq m (7,775 sq ft)
2nd F 73-75 Knowsley St
531 sq m (5,718 sq ft)
GF 77-79 Knowsley St
118 sq m (1,271 sq ft)
FF 77-79 Knowsley St
125 sq m (1,349 sq ft)
2nd & 3rd Floor 77-79 Knowsley St
170 sq m (1,836 sq ft)
Total
2,397 sq m (25,799 sq ft)
Floor areas provided to Pugh & Co. by the vendor.

Outside

Surface & barrier controlled car park with access off Bark Street, separate access points of Bark Street & Knowsley Street.

Approx Site Area

Approximately 0.18 hectares (0.44 acres).

Tenure

Freehold & leasehold as confirmed in the legal pack.

Planning

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

Tenancy

We detail below the following occupational position- Part Ground Floor & Basement GF 73-75 Knowsley St- Let on a 1 year lease from 12th March 2019 at a rent of £16,000 per annum & granted to Brand Interiors Limited. Mutual option to break the lease on 2 months notice. FF 73-75 Knowsley St- Vacant Part 2nd F 73-75 Knowsley St- Let on a 10 year lease from 12th August 2016 at a rent of £20,000 per annum & granted to Web2b Limited. Part GF 77-79 Knowsley St- Let on a 10 year lease from 16th June 2011 at a rent of £17,000 per annum & granted to Hidden Hearing Limited. Part FF 77-79 Knowsley St- Let on a 5 year lease from 3rd May 2013 (currently holding over) at a rent of £8,000 per annum & granted to Optical Express Limited. Part 2nd & 3rd Floor 77-79 Knowsley St- Let on a lease which expires on 31st March 2021 at a rent of £11,000 per annum & granted to Box Power CIC. Total Current Rent Reserved- £72,000 per annum

VAT

VAT is payable in addition to the sale price although as stated in the special conditions document within the legal pack the transaction is proposed to be treated as a TOGC.

General

Energy Performance Certificate - 73-75 Knowsley Road = B
Energy Performance Certificate - 77-79 Knowsley Road (Ground floor) = E
Energy Performance Certificate - 77-79 Knowsley Road (First floor) = C
Energy Performance Certificate - 77-79 Knowsley Road (Second floor) = D

Property Location Address:
Moorland House,
73-79 Knowsley Street,
Bolton,
Greater Manchester,
BL1 2BJ
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Auction Details
Auction: April 2019 Date: 9th April 2019 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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