WAREHOUSE / SHOWROOM INVESTMENT OPPORTUNITY
FOR SALE
WAREHOUSE / SHOWROOM INVESTMENT OPPORTUNITY On the instructions of the Joint LPA Receivers
WILLIAM GRUNDY HOUSE, 7 WESTON STREET, BOLTON, BL3 2RX £250,000 \ Fully let and producing a gross annual income of £26,500. \ Close to Bolton town centre. \ Car park with spaces for 25 cars.
AVAILABLE SPACE 503.71m² (5,422sq ft)
LOCATION
TENANCY
The property is located on Weston Street, on the periphery of Bolton town centre. Bolton is situated circa 13 miles to the north west of Manchester and 20 miles south east of Preston.
The property is currently fully let by way of a lease to J P McDougall and Co Ltd, trading as the Dulux Decorator Centre.
Weston Street provides access to Manchester Road (B6536) which in turn leads to the main A666. Junction 2 of the M61 motorway is circa 2.5 miles to the south and Junction 15 of the M60 is approximately 4 miles to the south east.
The lease is for a term of 10 years from January 2014 on FRI terms, at an annual rent of £26,500 with 5 yearly rent reviews.
RATEABLE VALUE Description / Warehouse and Premises
DESCRIPTION
Rateable value / £52,000
The property comprises a single storey detached warehouse/showroom. The building is of steel portal framed construction, with brick elevations beneath a pitched metal profile roof.
VAT
Internally the property provides a main warehouse/ showroom, loading bay, display area, male and female w/c facilities and staff kitchen and office.
TERMS
The showroom provides a minimum eaves height of 3.5m and benefits from electric steel roller shutter doors to the loading area. The approximate Gross Internal Areas are as follows:UNIT Main warehouse (inc. staff w/c, kitchen and office) Loading bay Display area Total
M 421.96
2
SQ FT 4,542
44.96 36.79 503.71
484 396 5,422
Externally the property includes a car park to the front, with spaces for 25 cars.
0161 831 1690
Prices and rental are exclusive of VAT if chargeable.
Offers are invited in the region of £250,000 for the long leasehold interest. The lease is for a term of 125 years with 99 years unexpired.
VIEWING By prior arrangement with the agents: Eddisons Tel / 0161 831 1690 Email / [email protected] Email / [email protected] AUGUST 2015 SUBJECT TO CONTRACT FILE REF / 704.2305A
WAREHOUSE / SHOWROOM INVESTMENT OPPORTUNITY On the instructions of the Joint LPA Receivers
WILLIAM GRUNDY HOUSE, 7 WESTON STREET, BOLTON, BL3 2RX £250,000 \ Fully let and producing a gross annual income of £26,500. \ Close to Bolton town centre. \ Car park with spaces for 25 cars.
AVAILABLE SPACE 503.71m² (5,422sq ft)
LOCATION
TENANCY
The property is located on Weston Street, on the periphery of Bolton town centre. Bolton is situated circa 13 miles to the north west of Manchester and 20 miles south east of Preston.
The property is currently fully let by way of a lease to J P McDougall and Co Ltd, trading as the Dulux Decorator Centre.
Weston Street provides access to Manchester Road (B6536) which in turn leads to the main A666. Junction 2 of the M61 motorway is circa 2.5 miles to the south and Junction 15 of the M60 is approximately 4 miles to the south east.
The lease is for a term of 10 years from January 2014 on FRI terms, at an annual rent of £26,500 with 5 yearly rent reviews.
RATEABLE VALUE Description / Warehouse and Premises
DESCRIPTION
Rateable value / £52,000
The property comprises a single storey detached warehouse/showroom. The building is of steel portal framed construction, with brick elevations beneath a pitched metal profile roof.
VAT
Internally the property provides a main warehouse/ showroom, loading bay, display area, male and female w/c facilities and staff kitchen and office.
TERMS
The showroom provides a minimum eaves height of 3.5m and benefits from electric steel roller shutter doors to the loading area. The approximate Gross Internal Areas are as follows:UNIT Main warehouse (inc. staff w/c, kitchen and office) Loading bay Display area Total
M 421.96
2
SQ FT 4,542
44.96 36.79 503.71
484 396 5,422
Externally the property includes a car park to the front, with spaces for 25 cars.
0161 831 1690
Prices and rental are exclusive of VAT if chargeable.
Offers are invited in the region of £250,000 for the long leasehold interest. The lease is for a term of 125 years with 99 years unexpired.
VIEWING By prior arrangement with the agents: Eddisons Tel / 0161 831 1690 Email / [email protected] Email / [email protected] AUGUST 2015 SUBJECT TO CONTRACT FILE REF / 704.2305A
