SK11 8 Mill Street, Macclesfield

The entire property is let to Pandora Jewellery UK Ltd on a 10 year effectively full repairing and insuring lease from 23rd June 2017 at an initial rental of £30,000 per annum. There will be a 5 year upward only rent review at the expiry of the 5th year

The property is arranged over basement, ground, first and second floor levels. The ground floor retail area has been fitted out by the Tenant in the Pandora style with an ancillary area to the rear. The first floor is utilised as offices and storage whilst the second floor is not currently used.

We calculate the rental devalues to approximately £61.80 per sq ft Zone A offering good prospects for future rental growth.

Macclesfield is a prosperous Cheshire market town located on the edge of the Peak District National Park. The town has excellent transport communications, being served by the A537, which provides a direct link to Junction 19 of the M6 motorway, and is located approximately 20 miles south of Manchester city centre and 18 miles north of Stoke on Trent. Virgin West Coast mainline provides regular rail services with an approximate journey time to London Euston of 1 hour 40 minutes and 25 minutes to Manchester Piccadilly. Manchester Airport, which is located 8 miles north west, is the 3rd busiest in the UK serving 200 destinations around the world.