Bridgewater Point, , Ordsall Lane, Salford, Greater Manchester

Property details

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.

Location

Manchester West, Salford