51 Water Lane, Wilmslow, Cheshire SK9 5BQ

51 Water Lane, Wilmslow, Cheshire SK9 5BQ

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  • Mixed use investment in affluent south Manchester town

  • 13,978 sq ft over 3 floors

  • Prominent position on the main arterial road, adjacent to Aston Martin

  • Large site extending to 0.6 acres providing 46 car parking spaces and low site coverage of just 23%

  • Ground floor supermarket fully let to Co-operative Food

  • First and second floor offices fully let to SKY and Natural Retreats

  • The property produces a total rental income of £237,357 per annum

  • AWULT of 4.80 years to expiry

  • Freehold

  • Further development potential across the site

  • Offers in excess of £3,350,000 (STC)

  • Attractive Net Initial Yield of 6.65%, Reversionary Yield of 8.19%

  • Low Capital Value of £245 psf

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