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Bridgewater Point, Ordsall Lane, Salford, M5 4UB
2,777 Sq Ft / Retail / Retail - High Street
Withdrawn - Last updated: 28 July 2021
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.
( Agency Pilot Software Ref: 865 )
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