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Property for Auction in London

8 Mill Street, Macclesfield, Cheshire, SK11 6LY

Commercial
About this Property
2024-10-15
Traditional
Commercial
Description

A Mid Terrace Building Arranged to Provide A Ground Floor Shop and First and Second Floor Ancillary Space Let to Pandora on a FRI Lease Producing £30,000 Per Annum The property comprises a mid terrace building arranged to provide a shop and ancillary arranged over ground and two upper floors. Tenure Freehold Location The property is situated on a mixed use road close to local shops and amenities. Transport links are provided by Macclesfield rail station. Accommodation Ground Floor Shop First Floor Ancillary Space Second Floor Ancillary Space Tenancy The property is subject to a 10 year FRI lease from 22nd June 2017 to Pandora. The tenant opted not to exercise their 2022 break clause.

Pandora Jewellery UK Limited: D&B Rating - 5A2 Turnover (2021) - £391m Pre-Tax Profit (2021) - £61m Energy Efficiency Rating (EPC) Current Rating D Services Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Location
More Information
Freehold
Mill Street
Planing Authority
Cheshire East LPA
Sold Price History
09 Jul 2024Sold Lot Acuitus
04 Sep 2024Withdrawn Lot Savills plc£225,000

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