Lot 32 details
GROUND RENT INVESTMENT
6 Week completion
At the junction with Bridgeman Street, in this commercial area, close to a Sainsbury's, a branch of Machine Mart, Bolton Mainline Rail Station and the city centre.
Bolton is a major retail and commercial centre enjoying easy access via the M61 and M62 motorways, some 10 miles north of Manchester.
PROPERTY & ACCOMMODATION
A corner building comprising a 2 storey Garage/Workshop with parking at roof level.
Area Approx. 9,867 sq ft1
1 Not inspected by Barnett Ross. Area taken from VOA.
VAT is NOT applicable to this Lot
The entire property is let on a lease to M. Shamim (t/a Central Motors) for a term of 125 years from 1st September 1962 (thus having approx. 69 years unexpired) at a current rent of £3,500 per annum exclusive.
Rent Reviews 2037 and 2062.