53 Grove Street, Wilmslow, SK9 1DT
- SIZE AVAILABLE
1,124 sq ft
104 sq m
- SECTOR
Commercial property for sale
Key features
- Prime income producing property
- Reversionary yield of 7.6%
- Proposed rent £35,000 pa
- Ideal SIPP purchase
Description
The property is arranged on basement, ground and first floors and is of brick construction under a pitched slate roof. The ground floor sales area provides modern well configured retailing accommodation which has been fitted out in the standard Regis format.
The unit benefits from excellent servicing facilities at the rear of the property, together with the added advantage of a car parking space.
The first floor provides customer consultation rooms, a staffroom and WCs. The basement has trap door access.
Location
The property occupies a prime trading location on the pedestrianised Grove Street being adjacent to Starbucks. Nearby multiple retailers include EE, British Heart Foundation, Superdrug, Skipton Building Society, O2, Rymans, The Works, Waterstones, Vision Express, Edinburgh Woollen Mill, Specsavers and Greggs.
Wilmslow is a thriving, prosperous Cheshire town and the third most affluent electoral ward in the whole of the Country. The Wilmslow area is one of the most sought after residential locations in the UK and, together with Knutsford and Alderley Edge, forms part of Cheshire’s “Golden Triangle”.
Tenure
This property is understood to be Freehold. Title No: CH430133
Price
We are instructed to seek offers of £440,000. A purchase at this level would reflect a Net Initial Yield of 6.5% after deducting purchaser’s costs of 4.41% & a reversionary yield of 7.6% following the renewal @ £35,000 pax
Tenancy Information
Please refer to brochure.
Brochures
53 Grove Street, Wilmslow, SK9 1DT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wilmslow Station0.2 miles
- Alderley Edge Station1.6 miles
- Styal Station1.6 miles
Notes
Disclaimer - Property reference 354030-1. 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 Williams Sillitoe, 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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