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The Green, Green Street, Macclesfield

£1,250,000

£56.82 per sq ft

Business rates & charges may apply

Janhill Estates Ltd, Cheshire
SIZE AVAILABLE

22,000 sq ft

2,044 sq m

SECTOR

Commercial property for sale

USE CLASSUse class orders: Class E

E

Key features

  • Yield approx 9.6%
  • Strong mix of tenants
  • Potential for future growth
  • Net rent approx £130,000
  • Close to town centre
  • Close to railway station
  • Solid income stream

Description

The Green is a multi-tenanted investment property situated on Green Street, Macclesfield, Cheshire. The property is about 2044 square meters (22,000 square feet) and is divided into 13 diverse units. These units cater to a variety of commercial uses, including light industrial, storage, office space, all under the Commercial Class E category. The property is part single-story and part two-story, offering flexibility and versatility to meet the needs of various business operations.

Gross Rent: £151,580.04 per annum
Net Rent: Circa £130,000.00 per annum (after deduction of utilities, repairs, maintenance, insurances, etc.)
Asking Price: £1,250,000
Net Initial Yield: Calculated at approximately 9.85%, taking into account acquisition costs of 5.75%.

Investment Opportunity: The Green presents an excellent investment opportunity with a strong mix of tenants and a diverse range of unit uses. The property offers a solid income stream with potential for future growth, underpinned by its strategic location and the robust economic environment of Macclesfield.

Location: The Green benefits from an excellent location in Macclesfield, a thriving market town in Cheshire. The property is close to the Silk Road bypass, providing easy access to major transport links and making it an attractive destination for businesses. Macclesfield is well-connected, offering convenient road access to Manchester, Stockport, and the wider Northwest region.

Demographics: Macclesfield is a sought-after location with a population of over 52,000 residents. The town boasts a strong local economy, supported by a mix of manufacturing, pharmaceuticals, and service industries. The area has a highly skilled workforce, excellent educational institutions, and a growing number of businesses, making it an appealing location for investment.


Additional Information:

Energy Performance Certificates (EPCs): All units within The Green have up-to-date and compliant EPCs.
AMLR: Interested parties will need to comply with current anti-money laundering regulations.


COSTS: All figures quoted are exclusive of but may be liable to VAT.

For further information or to arrange a viewing, please contact Chris Stubbs.

Energy Performance Certificates

EPC 1EPC 2EPC 3EPC 4EPC 5EPC 6EPC 7

The Green, Green Street, Macclesfield

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Macclesfield Station0.1 miles
  • Prestbury Station2.6 miles
  • Adlington (Ches.) Station4.3 miles

About Janhill Estates Ltd, Cheshire

WATERS GREEN HOUSE, Sunderland Street, Macclesfield, SK11 6LF

The Janhill Group are a commercial property company in Macclesfield, offering a wide range of office and light industrial property to let.

The diverse portfolio includes offices, workshops, warehouses, light industrial, retail and shared space to rent. Offices are in town centre locations to suit from 1 person up to 25 people, some with parking on site. Industrial units from 300 to 3,000 sq ft.

Flexible terms, bespoke space, no letting or legal fees.

Notes

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Disclaimer - Property reference TheGreen. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Janhill Estates Ltd, Cheshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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