24 Market Place, Bolton, BL1 2AL
The subject premises occupies a prime location between Next and Duffer on the first floor of the shopping centre. The premises comprise a regularly configured rectangular unit, with fully glazed frontage onto the shopping centre mall.
Location: Bolton is located approximately 13 miles (21km) North West of Manchester, 6 miles (9.6 km) West of Bury, and 10 miles (16 km) East of Wigan. The Market Place Shopping Centre is one of Bolton’s prime shopping destinations with over 50 retail units, anchored by Debenhams department store. Retailers in the immediate vicinity include Top Shop, Republic, River Island, Wallis, Next, La Senza and JD Sports. The southern part of Market Place is soon to be re-developed to provide an additional 96,416ft2 (8,987m2) of retail accommodation which links directly to the subject premises in the existing scheme. New retailers include: Zara, H&M, Warehouse, Lush and Starbucks.
Accommodation: The premises have been measured in accordance with the RICS Code of Measuring Practice (5th Edition) to comprise the following areas:
Sales Accommodation: 1,425 ft2 132 m2
Ancillary Storage: 360.5 ft2 33.5 m2
Terms: The premises are held on a 25 year lease expiring December 2012, and are available by way of an assignment / sub-let, at a passing rent of £86,350 pa. Premium offers are invited for this lease.
Legal Costs: Parties are responsible for their own legal and any other costs incurred in the transaction. All figures quoted are subject to VAT where applicable.
Rates: Rateable Value: £87,250
UBR (2007/08): 44.4p
Rates Payable: £38,739
Property Quote Price(s)
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