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77 Manchester Rd 5,187 sq ft 100% Let 4-Star Retail Property Congleton CW12 2HT £2,500,000 (£481.97/sq ft) 5.45% Net Initial Yield



Investment Highlights
- Newly built Sainsbury’s Local convenience store let on a secure 15-year lease
- Freehold tenure with total current rent passing of £145,000 per annum
- Prominent location on Manchester Road, near Wolstenholme Way and A34 roundabout
Executive Summary
This investment opportunity features a newly constructed Sainsbury’s convenience store with an adjoining retail unit and four EV charging stations in the thriving Cheshire market town of Congleton. Positioned prominently on Manchester Road at the entrance to Round Hill Gardens, the property benefits from significant passing traffic and rapidly expanding residential communities totaling over 1,700 new homes. The site serves as a key retail anchor within this high-growth corridor, ensuring sustained demand from a growing customer base.
The convenience store, leased to Sainsbury’s Supermarkets Ltd on a 15-year term, underpins the security of this asset, offering upward-only CPI-linked rent reviews with a 1% collar and 3% cap. The vacant retail unit offers further upside potential with vendor guarantee, while the EV charging provisions add an extra income stream and align with the rising demand for sustainable transport solutions.
The convenience store, leased to Sainsbury’s Supermarkets Ltd on a 15-year term, underpins the security of this asset, offering upward-only CPI-linked rent reviews with a 1% collar and 3% cap. The vacant retail unit offers further upside potential with vendor guarantee, while the EV charging provisions add an extra income stream and align with the rising demand for sustainable transport solutions.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
5,187 sq ft
Costar Property Class
A
LoopNet Rating
4 Star
Year Built
2026
Price
£2,500,000
Price per sq ft
£481.97
Yield
5.45%
NOI
£136,250
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.60
Total Plot Size
0.20 ac
Parking
22 Spaces (4.24 Spaces per 1,000 sq ft Leased)
Amenities
- 24 Hour Access
- Courtyard
- Drive Thru
- Wheelchair Accessible
- EPC - A
- Storage Space
- Car Charging Station
- Smoke Detector
Nearby Major Retailers
1 of 7
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77 Manchester Rd
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