Olivers Bar

Bow Street
Ashton-under-Lyne
Greater Manchester
OL6

Gross Site Area: 5679 sq/ft*
 

£ 100,000 + VAT

Leasehold

Lease length: Long Leasehold 999 years from 1977 @ peppercorn

Investment producing £13,000 per annum on a 5 year lease.

Located in the heart of the towns pedestrianised shopping centre, adjacent to Iceland and O2 and amongst such other multiple retailers as Marks & Spencer, McDonalds, Thomas Cook, T-Mobile, Top Shop and many others.

Ashton-Under-Lyne lies on the main A635 under 1 mile east of the M60 (Junction 23) and approximately 5 miles east of Manchester City Centre.

A mid terrace building with Ground Floor Entrance leading to a Bar (Free of tie) at Basement Level.

Leasehold for a term of 999 years from 2nd March 1977
at a peppercorn ground rent.
Ground Floor Stairs to Basement Bar Area Approx 1,950 sq ft plus 3 WCs

The property is let on an effectively full repairing and insuring lease for a term of 5 years from 22nd February 2011 at a current rent of £13,000 per annum. The lease is a renewal of a previous lease

Rent Review August 2013.

* All measurements approximate as measured from Promap.
Whilist supplied in good faith, purchasers must satisfy themselves as to the accuracy.