74 Chestergate 570 SF Retail Building Macclesfield SK11 6DY £185,000 (£324.56/SF) 5.41% Net Initial Yield

An attractive retail unit with residential space above. The shop itself boasts good, prominent frontage in a prime location on Chestergate. The residential unit consists of one apartment spread over two floors and has a separate access to the rear of the building.
The ground floor is currently let on a 6 year lease from 10th November 2020, at a passing rent of £10,000 per annum. The 1st and 2nd floor apartment has recently become vacant after being let on an AST to the same tenant for a number of years.