John Street, Macclesfield
Size
1,100
Tenure
Freehold
EPC
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Parking
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- Primary use
- Convenience store
- Frontage
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No floor / site plan
Key features
- Long Term Income
- FRI Lease
- Long Established Trading Location
Description
FOR SALE – INVESTMENT PROPERTY
14 John Street, Macclesfield, Cheshire SK11 8BN
Retail Investment Opportunity
Asking Price: £225,000 Exclusive
Investment Summary
Established retail investment located within a densely populated residential area of Macclesfield.
Single storey retail premises extending to approximately 1,100 sq ft (102 sq m).
Trading as a general convenience store serving the local community.
Let on a 10-year Full Repairing and Insuring (FRI) lease from 13 March 2026.
Current passing rent of £14,000 per annum exclusive.
Upward-only rent review at the fifth year of the term.
Loading bay located to the side of the property providing servicing and delivery access.
Potential long-term redevelopment opportunity, subject to planning, should the tenant not renew at lease expiry.
Attractive lot size suitable for private investors, pension funds and property companies.
Location
The property occupies a prominent position on John Street, situated within a well-established residential area of Macclesfield. The surrounding locality comprises predominantly residential housing.
Macclesfield is an affluent market town within Cheshire, approximately 16 miles south of Manchester and 22 miles east of Chester. The town benefits from excellent road communications via the A523, A537 and nearby M6 and M56 motorways. Macclesfield railway station provides regular services to Manchester, Stockport and London.
Description
The property comprises a detached single storey retail premises extending to approximately 1,100 sq ft.
The accommodation is configured as a retail sales area together with ancillary storage and staff facilities. Externally, there is a useful loading bay to the side elevation, providing convenient servicing and delivery access.
The property occupies a site which may offer future redevelopment potential, subject to obtaining all necessary statutory consents, particularly in the event that the current tenant does not renew their lease at expiry.
Tenancy
The property is let to an established retail operator trading as a general store on the following principal terms:
Tenant, General Store Operator
Lease Commencement, 13 March 2026
Lease Term, 10 Years
Rent, £14,000 per annum exclusive
Rent Review, 13 March 2031
Review Basis, Upward Only Open Market Review
Repairing Liability, Full Repairing and Insuring
The tenant is responsible for repair, maintenance and insurance obligations under the terms of the lease.
Price Offers in the region of £225,000 exclusive.
Investment Analysis
Passing Rent: £14,000 per annum exclusive
Asking Price: £225,000 exclusive
Net Initial Yield
Assuming purchaser's costs at 3.56%:
Purchase Price: £225,000
Net Initial Yield: 6.01%
Macclesfield Demographics
Macclesfield is one of Cheshire's principal market towns with a population of approximately 53,000 residents, forming part of the wider Cheshire East administrative area.
The town is characterised by:
Strong owner-occupier residential market.
Above-average household incomes relative to the UK average.
Established commuter links to Manchester and the wider North West.
Stable residential population supporting local convenience retailing.
Diverse employment base including professional services, healthcare, manufacturing and retail sectors.
These factors contribute to a resilient catchment for neighbourhood retail operators serving day-to-day consumer needs.
VAT
Interested parties should make their own enquiries regarding the VAT status of the property.
Anti-Money Laundering Regulations
In accordance with Anti-Money Laundering Regulations, the successful purchaser will be required to provide satisfactory identification documentation and proof of address.
The purchaser will also be required to provide evidence of the source of funds and source of wealth used to complete the transaction before solicitors can be instructed to proceed.
Viewing
Strictly by prior appointment only.
For further information or to arrange an inspection, interested parties should contact the sole selling agents.
14 John Street, Macclesfield, Cheshire SK11 8BN
Retail Investment Opportunity
Asking Price: £225,000 Exclusive
Investment Summary
Established retail investment located within a densely populated residential area of Macclesfield.
Single storey retail premises extending to approximately 1,100 sq ft (102 sq m).
Trading as a general convenience store serving the local community.
Let on a 10-year Full Repairing and Insuring (FRI) lease from 13 March 2026.
Current passing rent of £14,000 per annum exclusive.
Upward-only rent review at the fifth year of the term.
Loading bay located to the side of the property providing servicing and delivery access.
Potential long-term redevelopment opportunity, subject to planning, should the tenant not renew at lease expiry.
Attractive lot size suitable for private investors, pension funds and property companies.
Location
The property occupies a prominent position on John Street, situated within a well-established residential area of Macclesfield. The surrounding locality comprises predominantly residential housing.
Macclesfield is an affluent market town within Cheshire, approximately 16 miles south of Manchester and 22 miles east of Chester. The town benefits from excellent road communications via the A523, A537 and nearby M6 and M56 motorways. Macclesfield railway station provides regular services to Manchester, Stockport and London.
Description
The property comprises a detached single storey retail premises extending to approximately 1,100 sq ft.
The accommodation is configured as a retail sales area together with ancillary storage and staff facilities. Externally, there is a useful loading bay to the side elevation, providing convenient servicing and delivery access.
The property occupies a site which may offer future redevelopment potential, subject to obtaining all necessary statutory consents, particularly in the event that the current tenant does not renew their lease at expiry.
Tenancy
The property is let to an established retail operator trading as a general store on the following principal terms:
Tenant, General Store Operator
Lease Commencement, 13 March 2026
Lease Term, 10 Years
Rent, £14,000 per annum exclusive
Rent Review, 13 March 2031
Review Basis, Upward Only Open Market Review
Repairing Liability, Full Repairing and Insuring
The tenant is responsible for repair, maintenance and insurance obligations under the terms of the lease.
Price Offers in the region of £225,000 exclusive.
Investment Analysis
Passing Rent: £14,000 per annum exclusive
Asking Price: £225,000 exclusive
Net Initial Yield
Assuming purchaser's costs at 3.56%:
Purchase Price: £225,000
Net Initial Yield: 6.01%
Macclesfield Demographics
Macclesfield is one of Cheshire's principal market towns with a population of approximately 53,000 residents, forming part of the wider Cheshire East administrative area.
The town is characterised by:
Strong owner-occupier residential market.
Above-average household incomes relative to the UK average.
Established commuter links to Manchester and the wider North West.
Stable residential population supporting local convenience retailing.
Diverse employment base including professional services, healthcare, manufacturing and retail sectors.
These factors contribute to a resilient catchment for neighbourhood retail operators serving day-to-day consumer needs.
VAT
Interested parties should make their own enquiries regarding the VAT status of the property.
Anti-Money Laundering Regulations
In accordance with Anti-Money Laundering Regulations, the successful purchaser will be required to provide satisfactory identification documentation and proof of address.
The purchaser will also be required to provide evidence of the source of funds and source of wealth used to complete the transaction before solicitors can be instructed to proceed.
Viewing
Strictly by prior appointment only.
For further information or to arrange an inspection, interested parties should contact the sole selling agents.
Additional information
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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- Floors in building
- 1
Energy performance certificate: Ask agent
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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Environmental data
- BREEAM rating
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- Environmental description
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John Street, Macclesfield
About Greenham Commercial Ltd, Macclesfield
Greenham Commercial are firm of Commercial Property Consultants and Chartered Surveyors established in 1991. We are active across Cheshire, South Manchester and Derbyshire
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