Property Details
Pugh Auctions
Lot 080
Lot 080
Auction: July 2019

8 Nelson Square, Bolton, Lancashire, BL1 1JT

Property Details
Location

The property is located on Nelson Square within Bolton town centre which is located just off Bradshawgate & is adjacent to a JD Weatherspoons public house and within the established town centre circuit for bars & restaurants.

Description

Freehold town centre two storey (plus basement) bar / nightclub approximately 539 sq m (5,800 sq ft) which is being sold subject to a 10 year FRI lease from February 2019 at a rent reserved of £40,000 per annum.

Accommodation

We detail below the following accommodation provided to us by the joint agent:

Ground Floor & First Floor Sales / Trading Areas
314 sq m (3,380 sq ft)
Storage
44 sq m (470 sq ft)
Basement
181 sq m (1,950 sq ft)
Total
539 sq m (5,800 sq ft)

Outside

Frontage on to Nelson Square & rear service yard with access.

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 straight 10 year FRI lease from 26th February 2019 at a rent of £40,000 per annum, granted to C D Roberts & Son Limited (Company Number 11513229) with two named personal guarantors. The lease is subject to an upwards only rent review at the 5th year of the lease.

VAT

VAT is payable on completion. The sale can be treated as a TOGC subject to the buyer complying with the VAT regulations.

General

Energy Performance Certificate = C

Addendum

VAT is payable on completion. The sale can be treated as a TOGC subject to the buyer complying with the VAT regulations.

Property Location Address:
8 Nelson Square,
Bolton,
Lancashire,
BL1 1JT
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Auction Details
Auction: July 2019 Date: 16th July 2019 Lot Number: 080 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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