Property description
Excellent opportunity to acquire a reversionary, purpose built, multi-let trade/industrial estate. Situated in a highly sought-after urban location on the fringe of Macclesfield town centre.
Comprising 40,396 sq ft across 13 well-specified units. The property is let to 12 tenants with an excellent letting history producing a total income of £274,399 per annum with passing rents ranging from £5.54 – £7.32 per sq ft. Immediately available asset management opportunities to further enhance the Estate.
The purchase price of £4.68M reflects a NIY of 5.50% and a capital value of £115.85 per sq ft.
