Log In/Sign up
Your email has been sent.
10 Congleton Rd 6,370 sq ft 100% Let Retail Property Sandbach CW11 1HJ £890,000 (£139.72/sq ft) 7.51% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Strong commuter population due to excellent transport links
- The property occupies a highly prominent position on Congleton Road
- Opposite the town’s main public car park
EXECUTIVE SUMMARY
Comprising 4 Ground Floor Retail Units. Total Current Income: £70,700 pa. Fully Let Potential Income: £75,000 pa. Strong Covenant from Boots Opticians.
Shop 1 Andrew Carter Jewellers Ltd 17.09.2029 £15,000 pa
Shop 2 Mrs D L Preston t/a Headlines Hair Studio 25.03.2011 (Holding Over) £10,700 pa (See Note 1)
Shop 3 Mrs Binh Thi Thu Bui 23.06.2033 £15,000 pa
Shop 4 Boots Opticians Professional Services Ltd 02.07.2029 £15,000 pa
Offices A/B Sandbach Music Ltd 27.06.2029 £15,000 pa
Total current income £70,700 pa
Total potential income (post Shop 2 renewal) £75,000 pa
Shop 1 Andrew Carter Jewellers Ltd 17.09.2029 £15,000 pa
Shop 2 Mrs D L Preston t/a Headlines Hair Studio 25.03.2011 (Holding Over) £10,700 pa (See Note 1)
Shop 3 Mrs Binh Thi Thu Bui 23.06.2033 £15,000 pa
Shop 4 Boots Opticians Professional Services Ltd 02.07.2029 £15,000 pa
Offices A/B Sandbach Music Ltd 27.06.2029 £15,000 pa
Total current income £70,700 pa
Total potential income (post Shop 2 renewal) £75,000 pa
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
6,370 sq ft
Costar Property Class
B
Year Built
1980
Price
£890,000
Price per sq ft
£139.72
Yield
7.51%
NOI
£66,839
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.18
Total Plot Size
0.80 ac
Frontage
78 ft on Congleton Road
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Storage Space
1 1
NEARBY MAJOR RETAILERS
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
10 Congleton Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.