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Retail premises for sale

£195,000 (£195,000/sq. ft)

Duke Street, Macclesfield SK11

Retail premises for sale From 1 - 2,000 sq. ft*
Interested in this property? Call +44 1625 684571 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property 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.

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

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For more information about this property, please contact
Greenham Commercial Ltd, SK10 on +44 1625 684571 * (local rate)

Contact Greenham Commercial Ltd about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Greenham Commercial Ltd, and do not constitute property particulars. Please contact Greenham Commercial Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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