15 miles south of Manchester, 17 miles north of Stoke on Trent, 28 miles west of Sheffield
Roads
A523, A536, A537
Rail
Macclesfield Railway Station
Air
Manchester Airport
Situation
Macclesfield is an affluent Cheshire market town situated on the western edge of the Peak District National Park. The property is prominently situated on the eastern side of the pedestrianised Mill Street, the prime retailing thoroughfare in Macclesfield. The property is conveniently positioned directly opposite the entrance to the Grosvenor Shopping Centre. Nearby occupiers include Mountain Warehouse, FatFace, Clarks, Card Factory, Superdrug, Caffe Nero and a number of national retailers.
Tenure
Freehold.
Location
Miles
15 miles south of Manchester, 17 miles north of Stoke on Trent, 28 miles west of Sheffield
Roads
A523, A536, A537
Rail
Macclesfield Railway Station
Air
Manchester Airport
Situation
Macclesfield is an affluent Cheshire market town situated on the western edge of the Peak District National Park. The property is prominently situated on the eastern side of the pedestrianised Mill Street, the prime retailing thoroughfare in Macclesfield. The property is conveniently positioned directly opposite the entrance to the Grosvenor Shopping Centre. Nearby occupiers include Mountain Warehouse, FatFace, Clarks, Card Factory, Superdrug, Caffe Nero and a number of national retailers.
Tenure
Freehold.
Description
The property comprises a ground floor shop with ancillary accommodation on the basement, first and second floors.
With regard to the repairing liability under the terms of the lease, the Tenant has recently undertaken some works to the property as requested within the Landlord's interim schedule of dilapidations. The works have been carried out to the satisfaction of the Tenant's structural engineer, a position which has now been accepted by the Landlord. Please refer to the legal pack for further details in this respect.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor shop with ancillary accommodation on the basement, first and second floors.
With regard to the repairing liability under the terms of the lease, the Tenant has recently undertaken some works to the property as requested within the Landlord's interim schedule of dilapidations. The works have been carried out to the satisfaction of the Tenant's structural engineer, a position which has now been accepted by the Landlord. Please refer to the legal pack for further details in this respect.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Ground Basement First Second
Retail Ancillary Ancillary Ancillary
65.11 9.00 29.20 29.20
(700) (96) (314) (314)
PANDORA JEWLELLERY UK LTD t/a Pandora (1)
10 years from 23/06/2017
£30,000
Total
132.51
(1,424) (2)
£30,000
(1) For the year ending 31/12/2022 Pandora Jewellery UK Ltd reported a Turnover of £438,346,000, a Pre-Tax Profit of £49,979,000 and a Net Worth of £44,666,000 (NorthRow 05/06/2024). (2) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
