Leasehold of Yates, Bolton is on the market

Press Release

Leisure property specialists, Fleurets, have brought to market the leasehold interest of Yates, Bolton.

Occupying an attractive Grade II Listed Victorian detached property totalling 12,314 sq ft, Yates is constructed over three floors, with elevations finished in sandstone and polished granite.

The property is located on the A575 at the very commercial and retail heart of Bolton town centre, with several other operators close by including JD Wetherspoon, alongside several independent and unbranded pubs and bars.

The space features an open-plan trading area on the ground floor, rear courtyard, and a roof terrace trading area on the first-floor patio.

Tim Martin, Divisional Director of Fleurets North West, said, "An experienced operator may feel that there is an opportunity to install their own brand into this unit, as it holds a central position within the town.

"We are advised that our client occupies the property on a leasehold agreement until 5th July 2045 and the current rent is £89,132.80 per annum. Our client is seeking to assign this agreement or alternatively, they have also indicated that there may be an opportunity for a suitable party to negotiate terms for a sub-lease on the property, terms and rent to be agreed."

Click here to view the property details.

For further information please contact Fleurets North West Office at 0161 683 5445 or via email at northwest@fleurets.com.