50 Duke St
Macclesfield SK11 6UR
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Central Location
- Sound Investment Opportunity
- Residential Development Potential (subject to consents)
EXECUTIVE SUMMARY
The property is found on Duke Street in Macclesfield town centre. It is a short walk from the main bus station and in close proximity to Duke Street car park.
The property comprises a tenanted ground floor shop trading as “David of Duke Street”.
The upper floors are separately accessed and configured as a spacious three double bedroomed flat with living room, bathroom and kitchen. The flat is currently vacant and requires modernisation. It may be possible to reconfigure the upper floors to provide more than one unit.
The property comprises a tenanted ground floor shop trading as “David of Duke Street”.
The upper floors are separately accessed and configured as a spacious three double bedroomed flat with living room, bathroom and kitchen. The flat is currently vacant and requires modernisation. It may be possible to reconfigure the upper floors to provide more than one unit.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
820 SF
Building Class
C
Year Built
1960
Price
$201,404
Price Per SF
$245.62
Cap Rate
6.66%
NOI
$13,405
Tenancy
Single
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.07 AC
Frontage
34’ on Duke St
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Energy Performance Rating - E
- Storage Space
