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McColl’s, Bolton


Call for price
257 St Helens Road, Bolton, Lancashire, BL3 3QA

Basic Facts

Status: Type: Tenure: Virtual Freehold Gross Rent: £ 30,000
Lease Term: 20 yrs from Mar '15 VAT applicable: No

Property Description

  • Virtual Freehold Blue-Chip Convenience Store Investment.
  • The property is arranged on ground and one upper floor to provide a large convenience store incorporating a Post Office with an extensive frontage to St Helens Road.
  • The unit benefits from storage accommodation to the rear with ancillary office and staff accommodation at first floor level.
  • To the rear is a yard providing delivery across to two roller shutter doors and car parking.

Location Description

  • Bolton is situated on the north-western fringe of the Manchester conurbation, approximately 10 miles north of Manchester and 26 miles north-east of Liverpool city centre.
  • The town benefits from excellent road communications, being positioned close to the M60, M61, M62 and M66 motorways, which provide access to the wide national motorway network.
  • The property is siutaed on the east side of St Helens Road (A579), which runs south-west from the town centre. The unit forms part of a parade of shops serving the local community.

 


Additional Notes

  • The entire property at present is let to Martin McColl Limited for a term of 20 years from 30 March 2015 at a current rent of £30,000 p.a.
  • The lease provides for fixed rent reviews every fifth year of the term and contains full repairing and insuring covenants.
  • The property is held on a 992 year lease from 12 February 1876

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