Property Details Description A digital advertising investment opportunity comprising a prominent site extending to approximately 0.64 acres (0.26 hectares) with frontage onto the M60 motorway. Part of the site is let by way of a 25 year lease dated January 2016 thus having approximately 16 years remaining detailing a net rent of approximately £8,635. The site straddles two separate titles, one of which is leased by the current vendor from the adjoining occupier for a period of 15 years from October 2022. Further information can be found within the tenancy section and documentation contained within the legal pack. Approx Site Area Approximately 0.64 Acres (0.26 Hectares) Tenancy Part of the site is let to Wildstone Outdoor Advertising Ltd on a 25 year lease dated 4th January 2016 at £18,635 per annum. Rent reviews are scheduled every 3 years with the next review due Dec 2027 and indexed to RPI with a cap of 7.5% Part of the site is leased from the adjoining occupier on a 15 year agreement dated 1st October 2022 at a current rent of £8,000+VAT per annum. Rent reviews are scheduled every 3 years with the next review due October 2025 and indexed to RPI with a cap of 5% and collar of 2%. Costs Details of the Buyer's Premium and any additional fees payable are contained within the legal documents. VAT VAT is applicable in addition to the purchase price General 1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder. 2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 24TH JUNE AND CLOSES ON WEDNESDAY 25TH JUNE. 3. VAT is applicable in addition to the purchase price Addendum VAT is applicable in addition to the purchase price