Summary - FORD HOUSE, CHESTERGATE SK11 6DG
1 bed 1 bath Shop
Freehold town centre shop with steady income and short-term asset potential.
Prominent pedestrianised Chestergate retail pitch with strong daytime footfall
Freehold building, circa 1,500 sq ft with double-height glazed frontage
Passing rent £15,500 pa; gross initial yield ~6.4% (before costs)
Tenant holding over on an expired lease — lease security risk
Tenant responsible for internal repairs; landlord retains structure responsibility
Town centre classified as deprived and local crime levels very high
Suitable for continued salon use or alternative Class E uses (subject to consent)
Fast broadband and excellent mobile signal; verify VAT and AML requirements
An established, freehold retail investment on Chestergate, Macclesfield’s busy pedestrianised high street. The property extends to about 1,500 sq ft with an attractive double-height glazed shopfront and first-floor ancillary space, currently occupied by a long-established hairdressing salon producing a passing rent of £15,500 per annum.
The sale offers a circa 6.4% gross initial yield (before purchaser’s costs) at offers in the region of £240,000. The tenant is holding over on an expired lease; they carry internal repairing obligations while the freeholder remains responsible for structure and external maintenance. The location benefits from strong footfall, good transport links and fast broadband.
Material considerations are factual: the tenancy is on a holding-over basis (risk of renegotiation or vacancy), the town centre is classed as deprived and local recorded crime levels are very high. Interested buyers should verify VAT status, undertake anti-money‑laundering checks and carry out their own due diligence on lease security and condition.
This property suits buyers seeking a straightforward town‑centre investment with clear rental income and short-term asset management potential — whether to retain the existing operator, relet, or reposition for alternative Class E uses subject to consent.
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