38 Bridge Street Bolton Lancashire BL1 2EH

  • 38 Bridge Street<br>Bolton<br>Lancashire<br>BL1 2EH

38 Bridge Street
Bolton
Lancashire
BL1 2EH

Substantial Town Centre Retail and Development Opportunity

  • Substantial retail premises - approx. 2,634.6 sq m (28,358 sq ft)
  • May suit alternative uses
  • Previously let to Argos at £212,500 pa
  • Prominent corner position close to Market Place Shopping Centre and Crompton Shopping Centre
  • Nearby occupiers include Marks & Spencer, Primark, Boots the Chemist, JD Sports, Poundland and WHSmith.
  • Lot
    40
  • Auction
    27th March 2025
  • Vacant Possession
  • Status
    Sold Prior
  • Price
     
  • Auction Venue
    Live Streamed Auction
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Substantial Town Centre Retail and Development Opportunity

  • Substantial retail premises - approx. 2,634.6 sq m (28,358 sq ft)
  • May suit alternative uses
  • Previously let to Argos at £212,500 pa
  • Prominent corner position close to Market Place Shopping Centre and Crompton Shopping Centre
  • Nearby occupiers include Marks & Spencer, Primark, Boots the Chemist, JD Sports, Poundland and WHSmith.
  • Lot 40
  • Auction 27th March 2025
  • Vacant Possession
  • Status Sold Prior
  • Price  
  • Sector
    Retail, Development
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
10 miles north west of Manchester
Roads
A58, A666, M6, M60, M61, M62
Rail
Bolton Railway Station
Air
Manchester Airport
Situation

The property is prominently situated on the corner of Bridge Street and Bow Street in Bolton town centre, directly opposite Market Place Shopping Centre and a short walk from Crompton Place Shopping Centre where retailers include Costa Coffee, H&M, River Island, Next, The Entertainer and Clarks. Other nearby occupiers include Marks & Spencer, Primark, Boots the Chemist, JD Sports, Poundland and WHSmith.

Tenure

Long Leasehold. Held for a term of 109 years from 20/09/2012 at a current ground rent of £28,540 pa, subject to 5 yearly upward only rent reviews to the higher of rent passing or 12.99% of OMV. The next rent review due is September 2027 - please see the head lease.

Location
Miles
10 miles north west of Manchester
Roads
A58, A666, M6, M60, M61, M62
Rail
Bolton Railway Station
Air
Manchester Airport
Situation

The property is prominently situated on the corner of Bridge Street and Bow Street in Bolton town centre, directly opposite Market Place Shopping Centre and a short walk from Crompton Place Shopping Centre where retailers include Costa Coffee, H&M, River Island, Next, The Entertainer and Clarks. Other nearby occupiers include Marks & Spencer, Primark, Boots the Chemist, JD Sports, Poundland and WHSmith.

Tenure

Long Leasehold. Held for a term of 109 years from 20/09/2012 at a current ground rent of £28,540 pa, subject to 5 yearly upward only rent reviews to the higher of rent passing or 12.99% of OMV. The next rent review due is September 2027 - please see the head lease.

Description

The property comprises a substantial former variety store arranged over the ground and first floors benefitting from a rear loading area.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a substantial former variety store arranged over the ground and first floors benefitting from a rear loading area.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Gross Internal
Floor Areas
Approx sq m
Gross Internal
Floor Areas
Approx sq ft
Possession
Ground
First
Retail
Ancillary
1,144.99
1,470.61
(12,235)
(15,830)
VACANT POSSESSION
Total  
2,615.60
(28,155)
 

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Bude Nathan Iwanier LLP 1 - 2 Temple Fortune Parade
London
NW11 0QN
0208 458 5065
Booky Dubiner 0208 458 5656bd@bnilaw.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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