Northolt Dr
Bolton BL3 6NJ
Mikar Business Park · Industrial Property For Sale

DESCRIPTION The subject property comprises an end of terraced, modern and regular shaped industrial unit of steel portal frame construction with insulated cement asbestos sheet-roof covering above. The roof incorporates 10% translucent roof lights, which aid natural visibility within the unit. Internally, the premises are of a regular shape, consisting of predominantly open plan and flexible warehouse/workshop accommodation, incorporating a small amenity block including 3x WCs and a small stud-partitioned kitchenette. In addition, there is a stud-partitioned office/reception, which could be easily removed or extended to suit occupier requirements. Part of the unit, approximately 1,000 sqft, has been sub-divided and is sub-let to a local security firm, providing for their offices and generating an income of £9,000 per annum. The unit has a solid concrete floor surface, 3-phase electricity supply and large concertina shutter loading door. The unit has a gas supply and heating to the warehouse is provided via a suspended gas warm air blower. Externally, the property benefits from car parking for approximately 6/7 vehicles. There is a communal, concrete surfaced service yard which is gated and bound by steel palisade fencing. We understand the property is held by way a Long Leasehold Title (Title No. MAN357623) for a term of 125 years, dated 1st February 1981, with an unexpired Term of approximately 82 years. We understand that the Passing Rent is approximately £4,000 per annum, however, is currently under Review and likely to increase, subject to negotiations.