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Bridgewater Point Ordsall Lane, Greater Manchester, M5 4UB

Retail for sale

£500,000
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Total price
2777Sq Ft
Space

The property will comprise a self-contained ground floor retail unit within a new apartment block of 220 residential units.

The unit is currently being fit out to the Co-operative Group Food Limited's corporate style and will provide their convenience store.

TENANCY

The property is let to Co-operative Group Food Limited (CRN 26715R) for a term of 15 years from 31st July 2019 and expiring 30th July 2034.

The passing rent is £40,000 per annum and is subject to 5 yearly reviews in line with CPI compounded annually with a cap and collar of 3% and 1% respectively. The tenant has a 6-month rent free from the start of the term and benefits from an option to break on the fifth and tenth anniversaries of the term.

Listed Features

  • Column Free
  • Convenience Store
  • General Retail
  • Storage
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Property Marketed By
W T Gunson