McColl's Convenience Store

Bury, BL8 2RT

Property Type Investment
Availability For Sale
Size 3517 sqft
Energy Performance Rating This property has been graded as D 84

Prominently Located Convenience Store Investment. Let to McColl's Retail Group Plc for 16.5 years with no breaks.


LOCATION

Bury is located approximately 8 miles north of Manchester, midway between Bolton and Rochdale, some 6 miles from each. The town benefits from good road communications being situated 1 mile west of Junction 2 of the M66 Motorway which in turn leads to the M62 Motorway, 4 miles to the south. The property is situated in a residential suburb 1 mile west of Bury town centre. The unit is prominently situated on the Ainsworth Road in a densely populated residential area.

KEY POINTS

  • Large well maintained first floor by the tenant
  • Vacant first floor studio flat
  • Whole property let for 16.5 years with no breaks to Martin McColl Ltd with a guarantee from McColl’s Retail Group Plc
  • Total current rents reserved £25,754 pa rising to £28,434 pa on 21st August 2025
  • Fixed uplifts at 2% pa compounded throughout offering guaranteed rental growth
  • Low passing rent of £7.10 per sq ft
  • Offers in excess of £395,000
  • Net Initial Yield of 6.26%, with a Reversionary Yield of 6.91% in May 2025
The building is a two storey brick built corner sited unit under a pitched roof.  The retail shop is arranged over the ground floor with ancillary and staff accommodation to the rear and large well maintained storage on the first floor.  There is also a vacant studio flat in need of repair. There is customer car parking available on the street and in the adjacent road.
< Back to properties VIEW SHORTLIST Download Marketing Brochure Download Lease dated 21 February 2019.pdf Download Lease Plan Bury.pdf Download EPC - Bury .pdf

Viewing & Further Information

For further information, or if you would like to arrange a viewing, please contact our agents:

Michael Braier

020 7478 9112

CONTACT AGENT


Nick Sherling

020 7478 9113

CONTACT AGENT


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