Heather Close, Macclesfield, Cheshire, SK11

Industrial Investment Opportunity

Unit D, Heather Close,

Lyme Green Business Park,

Macclesfield,

SK11 0LR

Location

Lyme Green Business Park is an established and popular commercial location on the southern edge of Macclesfield, approximately 1.5 miles from the town centre. The park benefits from excellent access to the A523 and A537, providing direct connectivity to the wider Cheshire and Greater Manchester road network, including the A34 and M6. Macclesfield railway station offers regular mainline services to Manchester Piccadilly and London Euston.

Description

The property comprises a modern steel portal-framed industrial/warehouse unit with excellent loading and operational functionality. The unit benefits from a practical internal layout, suitable for a range of industrial and logistics occupiers, and is located within a well-managed business park environment.

Accommodation

The property provides the following approximate gross internal areas:

Warehouse: 680.6 sq m (7,327 sq ft)

First Floor Canteen Area: 34.0 sq m (366 sq ft)

Tenure

The property is held on a 125-year lease from January 1989 (interested parties should confirm the remaining term via their solicitors).

Tenancy

Tenant: Terryberry Limited

Lease Term: 10-year lease

Lease Expiry: November 2027

Passing Rent: £60,000 per annum

The tenant is well established and provides secure income for the remainder of the lease term.

Price

£750,000 (Seven Hundred and Fifty Thousand Pounds) exclusive

Investment Summary

Secure income-producing industrial investment

Established tenant in situ

Modern warehouse with strong fundamentals

Attractive unexpired lease term

Net Initial Yield

Based on a purchase price of £750,000 and assuming standard purchaser's costs, the property shows a net initial yield of approximately 7.6%.

Local Demographics

Macclesfield forms part of the Cheshire East authority and is widely regarded as an affluent and economically resilient area. The town has a population of approximately 38,000 and benefits from a skilled local workforce, strong employment levels, and a diverse commercial base. The area is attractive to both regional and national occupiers due to its connectivity, quality of life, and proximity to Manchester.

Additional Information

An EPC is available on request

All figures are quoted exclusive of VAT, which may be payable at the prevailing rate

Interested parties will be required to provide proof of identity and source of funds to comply with Anti-Money Laundering regulations

Viewings are strictly by prior appointment