Cheadle is an affluent south Manchester commuter town
• Prime retailing location
• Well secured to a major Bank
• Non VAT rated
• Offers in excess of £800,000 showing an attractive net initial yield of 7.11% assuming normal purchaser’s costs of 5.49%
The property was formerly utilised as a bank and extends over basement, ground, first and second floors. The building would suit a variety of uses and potential conversion of uppers to residential (subject to planning).
Realla operates a heavily trafficked listing service for Wilmslow shops, retail units and other markets in the UK with more than £6 billion of commercial property for sale and 12 billion sq. ft. of commercial property space for lease. Realla also attracts a large community of Wilmslow commercial real estate professionals with 1,000s of members comprised of agents, corporate executives, service providers, and more than 1 million buyers, tenants and other principals throughout the UK.