Retail premises for sale in Duke Street, Macclesfield SK11, £195,000

195,000.00

Offer Nr.:
62064016
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Greenham Commercial Ltd
Phone(s):
01625 684571

**For sale
an income producing investment property
with potential for further development**
50 duke street
**Macclesfield**
SK11 6UR
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.
Price: Offers in the region of £195, 000.
Tenancy: The ground floor is tenanted on a lease expiring December 2027. There
is a tenant break clause on 24 December 2024. The tenant has been in
occupation since 1983. The current passing rent is £10, 000 per annum.
Rating assessment: We understand from the Valuation Office website that the
shop has a Rateable Value of £9, 000 under the 2017 Rating List. The flat is
listed as Council Tax Band B.
Tenure: We understand the property is held on a long leasehold basis. Further
information is available on request. Interested parties should also make their
own enquiries via their solicitors.
EPC: A copy of the Energy Performance Certificate can be made available on
request.
Costs:
All figures quoted are exclusive of but may be liable to VAT.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)