Tenanted retail with reconfiguration upside — auction sale, short lease remaining.
Freehold retail building in Macclesfield town centre
A freehold, two-storey retail building on Mill Street offering secure income and clear upside for the right investor. The property is entirely let to a single established tenant on a full repairing and insuring covenant, producing a current income of £16,000 pa. The property occupies a high-profile town-centre pitch close to train and bus stations and multiple national brands, delivering strong passing trade and footfall.
The building totals approximately 2,146 sqft (EPC measurement) and includes an unused first-floor ancillary area that could be reconfigured or repurposed (subject to consents) to drive rental growth or capital improvement. Broadband and mobile connectivity are strong, and there is no flood risk noted.
Important cautions: the current lease expires 31 August 2027 — only around two years remaining — which is likely to deter many mortgage lenders and will require purchasers to arrange alternative finance or be cash-ready. The property sits in an area with very high recorded crime and wider local deprivation; these factors should be weighed when assessing tenant risk and long-term demand.
The lot is offered via online auction with associated buyer’s fees, immediate deposit requirements, and anti-money-laundering ID checks. Buyers must consult the legal pack for full lease details, title information, additional disbursements, and any planning constraints before bidding.
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