Commercial Property in Stockport
341 & 341a Wellington Road North, Stockport, Greater Manchester SK4 4QG
- Lot No: 36
- Property Type: Commercial Property
- Contract Type: Unconditional with Variable Fee
Guide Price* £275,000+ plus fees
Result Sold at Auction £415,000
Property Description
A Commercial property situated in a corner position in a great trading location. Basement and Ground floor is let to Dominos Pizza. Their original 20 year lease from 2004 is currently rolling over at £20,000 per annum. A new 20 year lease has been agreed with 5 year rent reviews and 10 year tenant break option (tenant break option is in negotiation) at £25,000 which is due to be signed imminently. The upper floors are vacant and may offer scope for conversion to a residential flat or office space, subject to any required planning permission. To the side is car parking which may also offer scope for extension. Well placed in a popular location and on a main route linking Stockport to Manchester City Centre. A superb freehold investment opportunity.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 31st July 2025
Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.
Lot Information
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