Fountain Street, Macclesfield, Cheshire, SK10

FOR SALE
The Green,
Green Street,
Macclesfield,
Cheshire,
SK10 1JH
Property Overview: 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, gym facilities, and lab 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.

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.

Financials:

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%.
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.

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.

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.