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Ashbourne House, 334 Wellington Road North, Heaton Chapel, Cheshire, SK4 4DA

Commercial investment for sale in Stockport
NewESTABLISHED SERVICED OFFICE PREMISES

LOCATION
Ashbourne House occupies a prominent position on the corner of Wellington Road North and Brook Road in the
established and popular residential area of Heaton Chapel. The property fronts onto Wellington Road North (A6), the
main arterial route between Stockport Town Centre which is just over one mile to the South and Manchester City
Centre which is located 5 miles to the North.

The immediate area boasts excellent transport links, being less than a 5-minute walk from Heaton Chapel Railway Station
and within 2 miles of Junction 1 (Stockport) of the M60 Motorway. Chorlton, Didsbury, Withington and West Didsbury are
all within easy reach of the property, as is Manchester Airport which is around a 20-minute drive. Additionally, regular bus
services run along the A6 linking South Manchester and Stockport to the City Centre.

The area is predominantly a residential area and benefits from all the usual local shops, bars and restaurants that the
surrounding Heaton’s (Chapel, Moor & Mersey) have to offer.

DESCRIPTION
Ashbourne House is an imposing detached Victorian building, originally a domestic dwelling that benefitted from a
change of use to office accommodation over 40 years ago. It is set on a generous plot which provides 10 private car
parking spaces.

Acquisition of this property in a prominent location within the four Heatons could provide for a number of options.
Today the building continues to operate as a full-service Business Centre, established at the site in 2002 as Ashbourne
Business Centres Limited. This business, together with the property, is available as a transfer of a going concern (TOGC)
with the benefit of existing rental revenues and potential for significant rental growth with the vacant units.

Under the registered company, Ashbourne Business Centre Limited, it provides serviced office accommodation for
predominantly local businesses on short term licence arrangements. At full capacity the office premises generates a
gross income of circa £95,000pa. based on existing competitive rental levels.

Currently, the property is divided internally into 10 office suites over three floors, with 2 communal meeting rooms and a
full height cellar spanning the length of the building providing additional storage space. The current footprint provides
4,932 Sq. Ft. of space over basement, ground, first and second floors.

As an alternative to the existing office use, the site offers significant scope for future residential conversion of the existing
building and potential for further development space above the single storey outrigger to the rear, subject to planning approval.
Planning permission (DC017755) for conversion of the existing footprint of the property to form 5 generously
apportioned flats, consisting of 4 x 2-bedroom flats and 1 x 1 bedroom flat, was renewed in 2010 but has since lapsed.

The vendor has made recent enquiries with the planning officer, and it is believed that renewal of the permission should
not be problematic.

Price:£900,000 GBP
Address:Ashbourne House, 334 Wellington Road North
City:Stockport
Town:Heaton Chapel
County:Cheshire
Postcode:SK4 4DA
Property Type:SERVICED OFFICE/DEVELOPMENT OPPORTUNITY
Square Feet:4932
Square Metre:458.2
Parking:10
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