Dukes Court, Mill Street Macclesfield Cheshire SK11 6NN

  • Dukes Court, Mill Street<br>Macclesfield<br>Cheshire<br>SK11 6NN

Dukes Court, Mill Street
Macclesfield
Cheshire
SK11 6NN

Freehold Retail and Office Investment

  • Town centre location
  • Active management potential
  • Affluent Manchester commuter town
  • Commercial complex comprising courtyard, retail and office units
  • Lot
    27
  • Auction
    8th December 2011
  • Rent
    £66,100 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On the Instructions of the Administrators
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Freehold Retail and Office Investment

  • Town centre location
  • Active management potential
  • Affluent Manchester commuter town
  • Commercial complex comprising courtyard, retail and office units
  • Lot 27
  • Auction 8th December 2011
  • Rent £66,100 per Annum Exclusive
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On the Instructions of the Administrators

Property Information

Location
Miles
16 miles south-east of Manchester, 18 miles north of Stoke-on-Trent
Roads
M6, M56, M60, A537, A523
Rail
Macclesfield Rail
Air
Manchester Airport, Liverpool Airport
Situation

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.

Tenure

Freehold. Subject to Unit 22 Duke Street held for a term of 980 years from 25th March 1806 at a peppercorn

Location
Miles
16 miles south-east of Manchester, 18 miles north of Stoke-on-Trent
Roads
M6, M56, M60, A537, A523
Rail
Macclesfield Rail
Air
Manchester Airport, Liverpool Airport
Situation

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.

Tenure

Freehold. Subject to Unit 22 Duke Street held for a term of 980 years from 25th March 1806 at a peppercorn

Description

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. There is a car park for approximately 15 cars on Duke Street.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

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. There is a car park for approximately 15 cars on Duke Street.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) (1) 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 Lower Ground Retail
45.15 sq m
(485 sq ft)
VACANT POSSESSION      
Units 6/7/8 Dukes
Court
Kiosk, Duke Street
Ground Ground Public
House
Retail
163.24 sq m

27.87 sq m

(1,752 sq ft)

(300 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
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 £11,500  
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
£9,000  
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
37.20 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)
MRS KIM RAMPLING Holding over £4,940  
Totals    
1,258.71 sq m
(13,534 sq ft)
    £66,100  

(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.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Martin SzamfeberMartin Szamfeber +44 (0)20 7034 4858 martin.szamfeber@acuitus.co.uk
Associate Auctioneers
Capita Symonds 25 Sackville Street
London
W15 3HQ
Andrew McDonald +44 (0)207 544 2198andrew.j.mcdonald@capita.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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