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THIS PROPERTY IS NO LONGER AVAILABLE

Takeaway Commercial For Auction
Chorley Road, Swinton, M27

£130,000
Starting Bid
  • Property at Chorley Road, Swinton

Key Features

  • TO BE SOLD BY ONLINE AUCTION

Full Description

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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

Important Information

  • Tenure: Freehold
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