Summary - Chester Road, Macclesfield, Cheshire, SK11 SK11 8PT
3 bed 1 bath Shop
**Standout Features:**
- Freehold mixed-use property: ground floor retail unit, two residential flats, and workshop/store
- Fully let with existing tenants, generating annual income of £17,616
- Good reversionary potential with possible development of the rear workshop
- Prominent location on Chester Road with high footfall and access to amenities
- Close proximity to quality schools and excellent transport links
**Summary:**
Explore this exceptional investment opportunity nestled in Macclesfield's thriving Chester Road. This freehold mixed-use property comprises a well-established ground floor ladies' hair salon, two residential flats, and a versatile rear workshop/store. Currently generating a total annual rental income of £17,616, with tenants in place, it presents an attractive gross initial yield of approximately 7.83%.
The ground floor commercial unit is holding over at an annual rent of £6,000, while the flats (a one-bedroom and a two-bedroom unit) bring in £5,616 and £6,000 respectively, each with independent heating systems for tenant comfort. The rear yard and workshop/store offer additional income potential or could be developed further, subject to planning consent.
Set in a low-crime, family-friendly area, the property is also conveniently located near quality schools and a variety of local amenities, enhancing its appeal for future tenants. With long-term demand for rental properties in Macclesfield on the rise, this investment promises security and potential for growth.
Don’t miss this opportunity—properties of this caliber in such a desirable location are hard to come by and won't last long in today’s market!
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