Commercial · For sale

Bridestone Centre, Congleton – Food Anchored Retail Investment

Mountbatten Way, Congleton, Cheshire East, CW12 1XD

Guide price £9,815,000

Tenure

Freehold

Added

18 Oct 2026

About this property

Anchored by WM Morrison Supermarkets Ltd (76% of income) on a renewed 15-year lease; WAULT 14.9 years to expiry.

Key points: - Congleton is strategically located in the heart of Cheshire, 6 miles east of the M6 and 25 miles south of Greater Manchester, with excellent road, rail and air connectivity. - 15-minute drive time population of 80,187, over-representing the UK average in key indicators of affluence and consumer spend. - Pipeline of c.5,000 new homes, of which 3,000 are under construction or recently built. - Prominent town centre position on the main arterial road, anchored by a dominant food store let to WM Morrison Supermarkets Ltd. - Approx. 69,715 sq ft GIA across 5 units and additional kiosk space, with 250 customer parking spaces - the town's main car park. - Morrisons accounts for 76% of income and has recently renewed for a further 15 years with 5-yearly CPI-linked reviews (1%-3% pa). - Total net operating income of £786,060 pa (£16.12 per sq ft on the supermarket), fully rebased with all rents set 2024-2026. - Attractive WAULT of 14.9 years to expiry and 8.9 years to break options. - Freehold site in an affluent Cheshire town. - Supermarket - Morrisons: FR&I + service charge. Renewed 11/09/2026 at £600,000 pa (previous rent £545,062 pa). £450,000 capital contribution for a new 15-year term with CPI reviews (1%-3% pa, compounded). Break on 9 months' notice, no penalty. Car park demised to the tenant.

Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.

Features

• Net Income: £786.1k pa
• Net Initial Yield: 7.50%
• Tenure: Freehold