Alderley Edge, 1 Macclesfield Road

Property Type:
  • Investment
Tenure Type:
  • To Buy
Space: 1,386 SqFt
Price: £650,000
Property Particulars: Property Particulars
Address:
1 Macclesfield Road, Alderley Edge SK9 7BQ

FOR SALE - Income producing investment property. 1,386 sq ft.

LOCATION
The property is located close to the junction of Macclesfield Road and London Road in the centre of Alderley Edge village.

DESCRIPTION
A single storey, self contained, former Post Office which has been refurbished to a very high standard with courtyard parking. The premises also benefits from a small exterior office in the courtyard.

Main Office
The office consists of a large open plan, showroom/office, a central open plan office with direct access onto Macclesfield Road, a private office, storeroom, kitchen & WC’s.

  • Large feature windows
  • High ceilings
  • Oak flooring
  • Oak doors
  • Fully fitted kitchen
  • Male & female WC’s
  • Venetian blinds
  • Cat II lighting
  • Alarmed

Courtyard Office
A small self contained office located in the courtyard to the rear of the Main Office.

  • Oak flooring
  • Spot lighting

CAR PARKING
There are 5 marked car parking spaces in the courtyard with a possibility to increase this.

FLOOR AREAS GIA
Main office/showroom: 426 sq ft
Central office: 315 sq ft
Private office: 191 sq ft
Storeroom: 41 sq ft
Kitchen: 105 sq ft
WC’s: 111 sq ft
Courtyard office: 197 sq ft
Total area: 1,386 sq ft

TENANCY
The entire property is let to Practice Managers Education & Training Ltd (Co Reg: 08726515) from 18th December 2019 ending 17th December 2029. Paying a rent of £30,000 pa. There is a tenant break clause on the 5th anniversary. A copy of the lease is available upon request.

TENURE
CH541808 – Held Long Leasehold for a term of 999 years from September 1853.

PRICE
£650,000 + Vat

INVESTMENT SUMMARY

  • Alderley Edge is a prosperous Cheshire Town Located approximately 16 miles from Manchester City Centre and 8 miles from Manchester Airport. With regular train services to London Euston.
  • Macclesfield Road is in the immediate vicinity of London Road, the villages High Street.
  • A rare opportunity to acquire an income producing property in Alderley Edge.
  • The property is let for 10 years from 18th December 2019 and produces a total passing rent of £30,000 pa.
  • A purchase price of £650,000 would reflect a net initial yield of 4.4%
Contact Information
Phone: 01625 800066

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