Tenancy & Accommodation
| Address |
Floor |
Use |
Floor Areas
Approx sq m (1) |
Floor Areas
(Approx sq ft) (1) |
Tenant |
Term |
Rent p.a.x |
Rent Review |
| Unit 1 (6 High St) |
Ground |
Retail |
65.60 |
(706) |
AN INDIVIDUAL
(t/a Z Cars) |
5 years from 03/04/2017 (holding over) (2) |
£10,500 |
- |
| Unit 2 (4 High St) |
Ground |
Retail |
64.00 |
(689) |
BESTWAY NATIONAL CHEMISTS LIMITED (3)
(t/a Well Pharmacy) |
10 years from 04/09/2017 (4) |
£9,000 |
04/09/2022 |
| Unit 3 (2 High St) |
Ground |
Retail |
66.70 |
(718) |
AN INDIVIDUAL
(t/a The Nail and Beauty Lounge) |
5 years from 02/09/2018 |
£7,000 |
- |
| Unit 4 (86/88 Market St) |
Ground |
Retail |
141.60 |
(1,524) |
LADBROKES BETTING & GAMING LIMITED (5)
(t/a Ladbrokes) |
5 years from 28/09/2022 (6) |
£19,500 |
- |
| Unit 5 (84 Market St) |
Ground |
Retail |
56.50 |
(608) |
RSPCA BURY (LANCS) DISTRICT BRANCH (7)
(t/a RSPCA) |
6 years from 10/02/2015 (holding over) |
£10,000 |
- |
| Unit 6 (82 Market St) |
Ground |
Retail |
56.00 |
(603) |
AN INDIVIDUAL
(t/a Café) |
5 years from 04/10/2022 (8) |
£9,500 |
04/10/2025 |
| Unit 7 (80 Market St) |
Ground |
Retail |
56.60 |
(609) |
AN INDIVIDUAL
(t/a Istanbul Barber) |
5 years from 13/09/2017 (9) |
£7,000 |
- |
| Unit 8 (78 Market St) |
Ground |
Retail |
56.60 |
(609) |
AN INDIVIDUAL
(t/a Eats and Meats) |
3 years from 01/09/2017 (holding over) (10) |
£7,500 |
- |
| Unit 9 (76 Market St) |
Ground |
Retail |
56.60 |
(609) |
AGE UK OLDHAM LIMITED (11)
(t/a Age UK) |
3 years from 03/09/2013 (holding over) (12) |
£7,500 |
- |
| Unit 10 (74 Market St) |
Ground |
Retail |
56.60 |
(609) |
CHURCH OF ENGLAND CHILDREN'S SOCIETY (13)
(t/a The Children's Society) |
10 years from 25/04/2017 |
£10,150 |
24/04/2022 (14) |
| Unit 11 (72 Market St) |
Ground |
Retail |
56.60 |
(609) |
AN INDIVIDUAL
(t/a Sole 2 Sole) |
5 years from 18/07/2017 (holding over) |
£7,000 |
- |
| Unit 12 & 13 (70 & 68 Market St) |
Ground |
Retail |
110.80 |
(1,193) |
VACANT |
- (15) |
- |
- |
| Total |
|
|
844.20 |
(9,086) |
|
|
£104,650 |
|
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk)
(2) Extension terms are currently under discussion. See legal pack for further information.
(3) Well pharmacy are the third largest pharmacy chain in the UK with 760 pharmacies (www.well.co.uk/about-us)
(4) Rent review on 04/09/2022 under discussion, position is currently reserved. See legal pack for further information.
(5) Ladbrokes employs 15,000 people in six countries and is one of the world's leading betting and gaming enterprises. Ladbrokes is a market leader in retail bookmaking in the UK, Ireland, Belgium and Spain where it operates a combined total of more than 2,700 betting shops (www.sports.ladbrokes.com)
(6) New 5 year reversionary lease completed 21/09/2022 at £19,500 pax with 9 months rent free. The seller will top up the rent on completion. See legal pack for further information.
(7) The RSPCA are the world's oldest and largest animal welfare charity, with the primary focus of rescuing, rehabilitating and rehoming or releasing animals across England and Wales. (www.rspca.org.uk)
(8) The seller also holds a deposit of 3 months' rent from the tenant. See legal pack for further information.
(9) Terms have been agreed for a 5 year lease extension at a rent of £7,300 per annum exclusive. See legal pack for further information.
(10) The tenant has confirmed he wishes to extend the lease. See legal pack for further information.
(11 ) Age UK is the country's leading charity dedicated to helping everyone make the most of later life. (www.ageuk.org.uk)
(12) Terms agreed for new lease for 5 years from completion at a rent of £8,000 pa. The seller also holds a deposit of £584 from the tenant. The lease is also subject to a schedule of condition. See legal pack for further information.
(13) The Children's Society are a national charity working to transform the hopes and happiness of young people facing abuse, exploitation and neglect. (www.childrenssociety.org.uk)
(14) Rent review on 24/04/2022 under discussion, position is currently reserved. See legal pack for further information.
(15) Terms agreed for 5 year lease with a rent starting at £16,000 pax rising to £18,000 pax. See legal pack for further information.
