Investment for sale Macclesfield SK10 1LL,22097sq ft

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Investment

Investment For Sale Macclesfield

PROPERTY ID: 141401

PROPERTY TYPE

Investment

STATUS

Available

SIZE

22,097 sq.ft

Key Features

Attractive Net Initial Yield (NIY) of 7.55% and a reversionary yield of 11.34%

Macclesfield is a prosperous and affluent market town located in North-East Cheshire

35% of the income secured to Co-op Group Food ltd

Prominent scheme on main arterial route into Macclesfield town centre and within 200m of the junction with the A523 Silk Road, the towns bypass

Property Details

Park House Sits On An Island Site And Consists Of Three Retail / Leisure / Trade Counter Premises With Two Industrial Units With Car Parking Deck At The Upper Level. The Property Was Constructed In The 1970’s The Ground Floor Elements Are Constructed With Brick Elevations, With A Flat Roof Above The 5s Fitness And Vacant First Floor And The Upper-level Industrial Units Situated Above Johnstone’s Decorating Centre And The Co-op. The Industrial Units Are Of Steel Portal Frame Construction With Profile Steel Clad Elevations And On The Pitched Roof. There Are Two Parking Areas At Ground Floor Level Servicing The Ground Floor Occupiers And A Parking And Loading Deck In Between The Two Industrial Units.

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About the Agent

Hallams Property Consultants

See Agent's Other Properties

Investment Unit

£1,800,000 Freehold

Park House, Macclesfield, SK10 1LL

Investment - Available
22,097 sq ft
2,053 sqm

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