Bridgewater Point, Ordsall Lane, Salford, Greater Manchester, M5 4UB
, M5 4UB
Price: Sale Price: £500,000
Size: 2777 sq ft257 sqm Primary Category: Shop All Categories:
Shop, Property Ref/Movehut: MH620853 Property Ref/Agent: Bridgewater Point, Ordsall Lane, Salford, Greater Manchester, M5 4UB - 865
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: February 24, 2020
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.
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.
EPC for Bridgewater Point, Ordsall Lane, Salford, Greater Manchester, M5 4UB
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