18-22 Mill St 9,076 SF Retail Building Macclesfield SK11 6LY $1,269,052 ($139.83/SF)
INVESTMENT HIGHLIGHTS
- Prominently located on the prime pitch of the vibrant market town of Macclesfield, Cheshire
- Current passing rent of £75,000 per annum equating to £8.26 per sq ft
- Recently refurbished two storey leisure /retail premises
EXECUTIVE SUMMARY
We are instructed to seek offers in excess of £950,000 (Nine Hundred and Fifty Thousand Pounds) reflecting a Net Initial Yield of 7.47% assuming purchases costs of 5.68%. This shows a low capital value of £104 per sq ft.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
9,076 SF
Building Class
B
Year Built
1967
Price
$1,269,052
Price Per SF
$139.83
Tenancy
Single
Building Height
2 Stories
Building FAR
0.83
Lot Size
0.25 AC
AMENITIES
- 24 Hour Access
1 of 1
NEARBY MAJOR RETAILERS
CONTACTS
-
Mark
Johnson
-
Max
Sowter
-
Emma
Cullinan
-
Demi
Swingler
