Chorley Road, Swinton
- PROPERTY TYPE
Takeaway
- SIZE
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Key features
- TO BE SOLD BY ONLINE AUCTION
Description
TO BE SOLD BY ONLINE AUCTION ON 10TH – 11TH JUNE UNLESS SOLD PRIOR UNDER AUCTION TERMS.
119 Chorley Road, Swinton, M27 4AA
A freehold commercial investment property occupying a prominent roadside position on Chorley Road in Swinton, let to DP Realty Limited t/a Domino’s Pizza on a full repairing and insuring lease, producing £10,000 per annum. This is an opportunity to acquire an established income-producing asset with the benefit of a blue-chip tenant covenant appeal.
The property is understood to be let on a 20-year lease from 29th March 2014, with a Deed of Variation dated 2017. The investment offers purchasers secure passing income from a nationally recognised occupier, within a well-established trading location.
The property is understood to comprise a ground floor retail unit with ancillary accommodation, together with additional upper floor space and rear yard/garage area. Planning permission was granted in 2022 for the construction of a single storey flat roofed rear extension, a new fire escape staircase, together with internal alterations and new signage.
Situated on a busy arterial route through Swinton, the property benefits from strong visibility and consistent passing traffic, with surrounding commercial and residential occupiers supporting the location.
Tenancy
Let to DP Realty Limited t/a Domino’s Pizza
FRI Lease
20 years from 29th March 2014
Current Rent: £10,000 per annum
Deed of Variation: 2017
Chorley Road, Swinton
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Swinton (Gtr. Manchester) Station0.2 miles
- Moorside Station0.7 miles
- Clifton Station1.2 miles
Notes
Disclaimer - Property reference EM-168095. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Edward Mellor Ltd, Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Edward Mellor Ltd, Auction on 0161 524 2443.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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