Excellent first floor office/studio suite which has been comprehensively refurbished to provide excellent self-contained accommodation. The space is currently occupied on a four year lease from March 2018 at £10,000 per annum, with a break clause on the second anniversary.
The total area measures 1,212 sq/ft (112.7 sq/m) and features CAT 5 cabling, uPVC door and windows, diffused daylight fluorescent lighting, roller shutter over the door, alarm system and intercom entrance.
The property is located facing the junction of Bolton Road and Ainsworth Road in Bury. On-site parking is available - one space is allocated to the premises, three others are allocated to other tenants on the ground floor and the rest is on a first-come, first-served basis. The immediate area is occupied by a mix of independent businesses along with larger national brands including Dominos and Kia Motors.
Price | £95,000 |
Building type | Office |
Deal type | Investment |
Net income | £8,400 |
NIY | 8.84 |
Size (NIA) | 946 sq ft |
Est. service charge | £2,350.00 per annum Covers maintenance of the grounds, the structure of the building (including the roof), litter removal, buildings insurance and drain maintenance. The tenant contributes £1440 per annum and the landlord contributes £910 per annum. The service charge is exclusive of but liable for VAT at the prevailing rate. The landlord also contributes £650pa inc. IPT towards the buildings insurance. |
* All sizes NIA
Find out more information about this building's development and technical spec.
Find out moreManchester 16.6m, Liverpool 28.5m
Hall i' th' Wood 4.2m, Kearsley 4.3m, Farnworth 4.3m
Floor / Demise | Tenant | NIA (sq ft) | Rent (p.a.) | Start date | Expiry date | Break option | Next review |
---|---|---|---|---|---|---|---|
First Floor | Ian Whatmough | 1,212 | £10,000 | 23/03/2018 | 22/03/2022 | 23/03/2020 | 23/03/2022 |
B1
Covers maintenance of the grounds, the structure of the building (including the roof), litter removal, buildings insurance and drain maintenance. The tenant contributes £1440 per annum and the landlord contributes £910 per annum. The service charge is exclusive of but liable for VAT at the prevailing rate. The landlord also contributes £650pa inc. IPT towards the buildings insurance.
Each party to be responsible for their own professional costs.
We understand that the premises is not elected for VAT.
Certificate | In the Media store |
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Category | G |