Property photos
£195,000
(£195,000.00/sq. ft)
Retail premises for sale
Duke Street, Macclesfield SK11From 1 - 2,000 sq. ft
Local area information
Property location
Nearby amenities
- Macclesfield 0.2 miles
- Parkroyal Community School 0.3 miles
- The King's School In Macclesfield 0.4 miles
- Prestbury 2.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
For sale
an income producing investment property
with potential for further development
50 duke street
Macclesfield
SK11 6UR
The property is found on Duke Street in Macclesfield town centre. It is a short walk from the main bus station and in close proximity to Duke Street car park.
The property comprises a tenanted ground floor shop trading as “David of Duke Street”.
The upper floors are separately accessed and configured as a spacious three double bedroomed flat with living room, bathroom and kitchen. The flat is currently vacant and requires modernisation. It may be possible to reconfigure the upper floors to provide more than one unit.
Price: Offers in the region of £195,000.
Tenancy: The ground floor is tenanted on a lease expiring December 2027. There is a tenant break clause on 24 December 2024. The tenant has been in occupation since 1983. The current passing rent is £10,000 per annum.
Rating assessment: We understand from the Valuation Office website that the shop has a Rateable Value of £9,000 under the 2017 Rating List. The flat is listed as Council Tax Band B.
Tenure: We understand the property is held on a long leasehold basis. Further information is available on request. Interested parties should also make their own enquiries via their solicitors.
EPC: A copy of the Energy Performance Certificate can be made available on request.
Costs:
All figures quoted are exclusive of but may be liable to VAT.
an income producing investment property
with potential for further development
50 duke street
Macclesfield
SK11 6UR
The property is found on Duke Street in Macclesfield town centre. It is a short walk from the main bus station and in close proximity to Duke Street car park.
The property comprises a tenanted ground floor shop trading as “David of Duke Street”.
The upper floors are separately accessed and configured as a spacious three double bedroomed flat with living room, bathroom and kitchen. The flat is currently vacant and requires modernisation. It may be possible to reconfigure the upper floors to provide more than one unit.
Price: Offers in the region of £195,000.
Tenancy: The ground floor is tenanted on a lease expiring December 2027. There is a tenant break clause on 24 December 2024. The tenant has been in occupation since 1983. The current passing rent is £10,000 per annum.
Rating assessment: We understand from the Valuation Office website that the shop has a Rateable Value of £9,000 under the 2017 Rating List. The flat is listed as Council Tax Band B.
Tenure: We understand the property is held on a long leasehold basis. Further information is available on request. Interested parties should also make their own enquiries via their solicitors.
EPC: A copy of the Energy Performance Certificate can be made available on request.
Costs:
All figures quoted are exclusive of but may be liable to VAT.
More information
Listed by
Greenham Commercial Ltd
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