Freehold Retail and Office Investment
Freehold Retail and Office Investment
Macclesfield is an affluent Cheshire market town. The property is located in the centre of Mill Street, the town's main retail thoroughfare, and close to Grosvenor Shopping Centre. Nearby occupiers include W H Smith, Waterstone's, Millets, The Body Shop and The Co-Operative Travel.
Freehold. Subject to Unit 22 Duke Street held for a term of 980 years from 25th March 1806 at a peppercorn
Macclesfield is an affluent Cheshire market town. The property is located in the centre of Mill Street, the town's main retail thoroughfare, and close to Grosvenor Shopping Centre. Nearby occupiers include W H Smith, Waterstone's, Millets, The Body Shop and The Co-Operative Travel.
Freehold. Subject to Unit 22 Duke Street held for a term of 980 years from 25th March 1806 at a peppercorn
The property comprises an attractive period building around a central courtyard which can be accessed from both Mill Street at the front and Duke Street to the rear. The property comprises 12 retail units and 5 office suites.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises an attractive period building around a central courtyard which can be accessed from both Mill Street at the front and Duke Street to the rear. The property comprises 12 retail units and 5 office suites.
The EPC will be available to view online in the solicitor’s legal pack.
| Unit | Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|---|
| Unit 1 Mill Street | Ground | Retail |
18.21 sq m |
(196 sq ft) |
HOLMESWOOD COACHES LIMITED |
10 years from 01/11/1998 | £5,660 | |
| Unit 2 Mill Street | Ground | Retail | 22.53 sq m |
(242 sq ft) |
AMY RADCLIFFE | 3 years from 24/09/2007 | £5,500 | |
| Unit 3 Mill Street | Ground | Retail | 46.65 sq m |
(500 sq ft) |
VACANT POSSESSION | |||
| Unit 4 Dukes Court | Ground | Retail | 33.48 sq m |
(360 sq ft) |
MARK READER (t/a Pino’s) |
2 years from 22/08/2008 | £5,500 | |
| Unit 5 Dukes Court | Ground | Retail | 47.34 sq m |
(509 sq ft) |
VACANT POSSESSION | |||
| Unit 5A Dukes Court | Ground | Retail | 81.95 sq m |
(882 sq ft) |
VACANT POSSESSION | |||
| Unit 5B Dukes Court | Ground | Retail | 36.25 sq m |
(390 sq ft) |
VACANT POSSESSION | |||
| Unit 5C Dukes Court | Ground | Retail | 45.15 sq m |
(485 sq ft) |
VACANT POSSESSION |
|||
| Units 6/7/8 Dukes Court | Ground | Public House | 163.24 sq m |
(1,752 sq ft) |
HCA NO. 8 LIMITED (t/a Ronnies) with a personal guarantee |
10 years from 11/08/2008 until 2018 (2) | £24,000 | 11/08/2013 |
| Kiosk, Duke Street | Ground | Retail | 27.87 sq m |
(300 sq ft) |
||||
| Units 9 & 10 Dukes Court |
Lower Ground |
Public House |
109.31 sq m |
(1,176 sq ft) |
STAGECRAFT MUSIC SCHOOL LTD (t/a Toast) with personal guarantees |
Until 19/06/2013 | £14,500 | |
| York Chambers | First | Office |
196.49 sq m |
(2,115 sq ft) |
VACANT POSSESSION |
|||
| Duke Chambers | First Second (Part) |
Office Office |
102.78 sq m 82.25 sq m |
(1,106 sq ft) (885 sq ft) |
MATMI NEW MEDIA DESIGN LIMITED |
2 years from 01/05/2007 |
£5,000 | |
| Duke Chambers | Second (Part) | Office | 35.81 sq m |
(385 sq ft) |
VACANT POSSESSION | |||
| Unit 22 Duke Street |
Ground First |
Office Office |
29.50 sq m |
(317 sq ft) (400 sq ft) |
VACANT POSSESSION |
|||
| Unit 24 Duke Street |
Ground First |
Office Office |
26.60 sq m 24.70 sq m |
(286 sq ft) (265 sq ft) |
VACANT POSSESSION | |||
| Unit 26 Duke Street |
Ground First |
Office Office |
26.50 sq m 64.90 sq m |
(285 sq ft) (698 sq ft) |
VACANT POSSESSION | |||
| Totals | 1,258.71 sq m |
(13,534 sq ft) |
£60,160 | |||||
(1) Floor areas for Units 22, 24 and 26 are as published by www.voa.gov.uk. The Auctioneers have not inspected internally.
(2) The unit is currently occupied by the tenant of Units 6/7/8 Dukes Court. Terms of the occupation are unknown.
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