Chester Road, Macclesfield, Cheshire, SK11

For Sale
123 Chester Road, Macclesfield, Cheshire, SK11 8PT
INVESTMENT OPPORTUNITY - FREEHOLD MIXED-USE PROPERTY




Summary
An attractive, traditionally built freehold investment property comprising a ground floor retail unit, two residential flats, and a small rear workshop/store. The property is fully let (with the commercial tenant holding over) and offers good reversionary potential.

Accommodation & Tenancy Information
Ground Floor Retail Unit:

Currently trading as a ladies' hair salon

Includes use of basement

Let at £6,000 per annum, tenant holding over

Gas-fired central heating, own boiler

Ground Floor Flat:

1 double bedroom, kitchen/diner, utility area, and bathroom

Let on an Assured Shorthold Tenancy (AST) at £5,616 per annum

Gas-fired central heating, own boiler

First Floor Flat:

2 double bedrooms, lounge, kitchen, and bathroom

Let on AST at £6,000 per annum

Gas-fired central heating, own boiler

External:

Rear yard

Small workshop/store used by landlord (potential for additional income or further development, subject to consent)

Construction
Traditional brick walls beneath a pitched slate roof

All parts separately metered and independently heated

Location
Macclesfield is a well-connected market town in Cheshire, positioned approximately 20 miles south of Manchester and 12 miles north of Congleton. Chester Road (A537) is a busy arterial route linking the town centre to the western suburbs and countryside beyond. The property benefits from good passing footfall, nearby amenities, and public transport connections.

Macclesfield is popular with both commuters and families due to its quality schooling, proximity to the Peak District, and regular rail services to Manchester and London. The town's rental demand remains strong, supported by a growing population and attractive lifestyle offering.

Investment Profile

Asking Price: £225,000 Freehold
Current Total Rental Income: £17,616 per annum
Gross Initial Yield: approx. 7.83%

Reversionary Potential:

Possibility to monetise or develop the rear workshop/store (STPP)

There is scope to enhance the overall yield beyond 8.5% with active asset management.

Tenure
Believed to be Freehold

Anti-Money Laundering Compliance
Interested parties will be required to provide satisfactory proof of funds and identification documentation to comply with Anti-Money Laundering Regulations before the transaction can proceed.

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

VIEWING:  Strictly by appointment, contact Chris Stubbs of Greenham Commercial.