On the instruction of Barclays Bank
Farnworth is a suburb 1 mile to the South of Bolton. This busy location is anchored by Home and Bargain who are directly opposite. Lloyds, Dorothy Perkins and Burton are adjacent. The rest of the retail pitch provides for local retailers, restaurants and take-aways.
Held by way of a Full Repairing and Insuring lease to 01/07/2028. There is a tenant only break clause at 01/07/2023. There is a rent review at 25/03/2023. The Landlord will grant a new lease if that is the preference.
Each party are to bear their own associated legal costs.
Zero payable until 1st April 2021 as a Government tax break following the Covid 19 Pandemic. Prior to that: Rateable Value £17,600 Rates payable £8,782.40
Farnworth (0.2 miles)
Moses Gate (0.9 miles)
Walkden (1.9 miles)