Description
Chatham House comprises an impressive, detached building.
The property provides retail accommodation at ground floor level together with office accommodation on the first and second floors. The building benefits from attractive elevations incorporating large sash-style windows, decorative stone detailing and a central entrance feature, creating a strong corporate presence suitable for professional occupiers.
Internally, the first floor offices provide office accommodation and the second floor has been stripped out, ready for an occupier’s specific requirements. Both floors have had prior approval for conversion to residential, APP Ref# 26/0730/PRIOR-3MA
The property benefits from 9 rear parking spaces, a valuable amenity within Macclesfield town centre.
Location
Chatham House occupies a highly prominent position on Churchill Way, one of Macclesfield’s principal commercial routes, situated close
to the junction with Castle Street and within easy walking distance of the town centre, railway station and associated amenities.
Macclesfield is an affluent Cheshire market town located approximately 17 miles south of Manchester and benefits from excellent road and rail connectivity, including direct services to Manchester and London Euston.
The surrounding area comprises a mixture of professional offices, retail premises, leisure operators and residential developments, providing a
well-established commercial environment.
Investment Summary
Freehold town centre commercial investment prominently positioned on Churchill Way, one of Macclesfield’s principal commercial thoroughfares.
Attractive detached building extending to approximately 6,136 sq ft NIA with rear parking.
Current passing rent of £29,000 per annum with an estimated rental value of approximately £54,316 per annum, offering significant reversionary potential.
Ground floor and basement let to Lux Arvika Cheshire Ltd until January 2028 at a low passing rent of £7.65 per sq ft.
First floor occupied by Macclesfield Pilates & Yoga Studio, currently holding over, providing asset management opportunities.
Vacant second floor extending to 1,772 sq ft, stripped out and ready for refurbishment or alternative use.
Potential to increase income through refurbishment, lease regears and letting of vacant accommodation.
Prior approval has been granted for conversion to residential, App Ref #: 26/0730/PRIOR-3MA
Located within walking distance of Macclesfield town centre and railway station, benefiting from direct rail services to Manchester and London.