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11 Grove Street, Wilmslow, SK9 1DU

£540,000

£462.33 per sq ft

Business rates & charges may apply

Williams Sillitoe, Cheshire
SIZE AVAILABLE

1,168 sq ft

109 sq m

SECTOR

Commercial property for sale

Key features

  • One commercial unit and two residential apartments
  • Generating a total income of £40,000 per annum
  • Net Initial Yield of 7% after deducting purchaser’s costs
  • Town centre location

Description

Description
The property is arranged over basement, ground, first and second floors. The ground floor and basement are demised to the commercial tenant which is currently utilised as a barber shop. The tenant has recently signed a new 10 year lease after their initial 10 year lease expired.

The premises is entirely open and benefits from a fully glazed shop front, there is also access from the rear onto Green Lane.

The first and second floor comprise two well-appointed 1 bedroom apartments, accessed via a separate access from Grove Street. Both apartments benefit from open plan living kitchen and dining area with large bathrooms and bedrooms. Double glazing has been installed throughout.

Location
The property occupies a prime trading location on the pedestrianised Grove Street close to Waitrose. Nearby multiple retailers include Café Nero, Holland & Barrett, Superdrug, O2, Rymans, The Works, Waterstones, Vision Express, Edinburgh Woollen Mill, Specsavers and Greggs. Plus a host of independent cafes, restaurants and bars.

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.”

Tenancies
The retail demise is let on 10 year lease dated 24th June 2026 with a passing rent of £22,000 per annum.

Flat A, First Floor is let on a 12-month AST dated 25th February 2026 paying £750 per calendar month.

Flat B, First Floor is let on a 12-month AST dated 18th July 2025 paying £750 per calendar month.

Brochures

11 Grove Street, Wilmslow, SK9 1DU

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wilmslow Station0.2 miles
  • Handforth Station1.5 miles
  • Styal Station1.5 miles

About Williams Sillitoe, Cheshire

Springfield House, Water Lane, Wilmslow, Cheshire, SK9 5BG

Williams Commercial is a leading independent firm of commercial property consultants specialising in sales and lettings, property development, investment and acquisition.

Notes

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