Howdens Trade Counter & Adelaide House 2 Properties Offered at $2,013,207 in Macclesfield
INVESTMENT HIGHLIGHTS
- Located just 0.2 miles from the A523 Silk Road, the main arterial route linking northbound to the Manchester Airport Eastern Link Road & Southbound.
- Nearby occupiers include Tesco Extra, Travis Perkins, Aldi, Johnstone’s and Wolseley Plumbing.
- The subject property is positioned in the northeastern part of Macclesfi eld, near the edge of the town centre.
EXECUTIVE SUMMARY
Offers are sought in excess of £1,500,000 (One million, five hundred thousand pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a Net Initial Yield of 6.36% assuming purchaser’s costs of 6.1% and a low capital value of £94.50 psf. With a potential reversion to 7.76% by June 2026.
PROPERTY FACTS
| Price | $2,013,207 |
| Price / SF | $126.83 / SF |
| Cap Rate | 6.36% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 15,873 SF |
| Total Land Area | 2.88 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Adelaide House
Adelaide St, Macclesfield SK10 2QS |
Office | 4,045 SF | 1961 | - |
|
Howdens Trade Counter
Adelaide St, Macclesfield SK10 2QS |
Flex | 11,828 SF | 1964 | - |
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CONTACTS
-
Darren Moorhouse -
Toby Moule -
King Street Real Estate
