High Yielding Freehold Retail Investment
High Yielding Freehold Retail Investment
Mill Street is the main retailing thoroughfare in Macclesfield town centre, located 250m from Macclesfield Railway Station. Nearby occupiers include Waterstones, Boots Opticians, JD Sports and Go Outdoors.
Freehold.
Mill Street is the main retailing thoroughfare in Macclesfield town centre, located 250m from Macclesfield Railway Station. Nearby occupiers include Waterstones, Boots Opticians, JD Sports and Go Outdoors.
Freehold.
Shop arranged on the ground and first floors.
VAT is applicable to this lot.
Band D.
Shop arranged on the ground and first floors.
VAT is applicable to this lot.
Band D.
| Floor | Use | Floor Areas Approx sq m |
Floor Areas Approx sq ft |
Tenant | Term | Rent p.a | Rent Review |
|---|---|---|---|---|---|---|---|
| Ground First |
Retail Ancillary |
128.0 sq m 95.7 sq m |
(1,377 sq ft) (1,030 sq ft) |
ETECH GADGETS LIMITED (t/a Cell Fix) |
10 years from 27/06/2024 | £32,500 rising to £35,000 in June 2028 |
27/06/2029 (1) |
| Total | 223.7 sq m |
(2,407 sq ft) |
£32,500 |
(1) The lease provides a tenant option to determine on 27/06/2029.
N.B. The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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