Freehold Retail Investment
Freehold Retail Investment
Macclesfield is an affluent Cheshire market town situated on the western edge of the Peak District National Park,
20 miles south of Manchester and 30 miles west of Sheffield. Macclesfield railway station, 230 metres to the west of the property, provides services direct to London Euston in under 2 hours and to Manchester in under 30 minutes. The property is located in the town centre on the pedestrianised Mill Street, diagonally opposite its junction with Castle Street. Grosvenor Shopping Centre is 30 metres to the north. Occupiers nearby include Peacocks, Superdrug, Fat Face, Costa Coffee, Iceland,
Marks & Spencer and Waterstones.
Freehold.
Macclesfield is an affluent Cheshire market town situated on the western edge of the Peak District National Park,
20 miles south of Manchester and 30 miles west of Sheffield. Macclesfield railway station, 230 metres to the west of the property, provides services direct to London Euston in under 2 hours and to Manchester in under 30 minutes. The property is located in the town centre on the pedestrianised Mill Street, diagonally opposite its junction with Castle Street. Grosvenor Shopping Centre is 30 metres to the north. Occupiers nearby include Peacocks, Superdrug, Fat Face, Costa Coffee, Iceland,
Marks & Spencer and Waterstones.
Freehold.
The property comprises three shops, each with sales on the ground floor and first floor ancillary accommodation.
VAT is applicable to this lot.
Bands D. See legal pack at www.acuitus.co.uk
The property comprises three shops, each with sales on the ground floor and first floor ancillary accommodation.
VAT is applicable to this lot.
Bands D. See legal pack at www.acuitus.co.uk
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reversion | |
|---|---|---|---|---|---|---|---|
| 12 Mill Street Ground & First |
Retail Ancillary |
256 sq m |
(2,757 sq ft) |
SHOE ZONE RETAIL LIMITED formerly known as Shoe Zone Limited (1) |
10 years from 16/07/2010 on a full repairing and insuring lease |
£41,000 | 2020 |
| 14 Mill Street Ground & First |
Retail Ancillary |
77 sq m 74 sq m |
(828 sq ft) (796 sq ft |
BARNARDO’S (2) | 10 years from 11/12/2009 on a full repairing and insuring lease |
£40,000 | 2019 |
| 16 Mill Street Ground First |
Retail Ancillary |
160 sq m 67 sq m |
(1,722 sq ft) (721 sq ft) |
ROMAN ORIGINALS PLC (3) |
5 years from 05/02/2016 on a full repairing and insuring lease |
£40,000 | 2021 |
| Total | 634 sq m |
(6,824 sq ft) |
£121,000 | ||||
(1) For the year ended 29th September 2018, Shoe Zone Retail Limited reported a turnover of £160,615,000, pre-tax profits of £11,433,000 and a net worth of £39,128,000 (Source: Experian 7th June 2019). Shoe Zone Retail Limited operates from 500 stores across the UK (Source : www.shoezone.com).
(2) For the year ended 31st March 2018, Barnardo's reported no turnover, pre-tax profits of £220,569,000 and a net worth of £2,038,000 (Source: Experian 7th June 2019). Barnardo's is a leading charity helping disadvantaged children (Source : www.barnardos.org.uk).
(3) For the year ended 30th December 2017, Roman Originals Plc reported a turnover of £65,611,527 pre-tax profits of £3,866,952 and a net worth of £13,094,670 (Source: Experian 7th June 2019). Roman Originals was established in 1957. This family owned business now retails in over 150 outlets across the UK (Source : www.romanoriginals.co.uk).
By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.
If you have a query, please fill in the box below, otherwise click the Submit button.
Are you sure you want to remove this property from My Catalogue?
Are you sure you are no longer interested in this property?
Are you sure you want to delete your Account?
