Sovereign Court, King Edward Street, Macclesfield SK10 1AF

Sovereign Court, King Edward Street, Macclesfield SK10 1AF

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  • Town centre office investment with PDR development potential

  • Located in prominent position in Macclesfield town centre

  • 23,617 sq ft of office accommodation over 4 floors

  • 48 car parking spaces on a site of 0.323 acres

  • Multi let to Low/Very Low Risk covenants

  • Gross rent of £222,552 per annum

  • Triple Net Income of £101,361 per annum

  • AWULT of 5.4 years to expiry

  • Freehold

  • Offers in excess of £1,300,000

  • 16.16% Net Initial Yield, 7.36% Triple Net Yield and 27.62% Reversionary Yield

  • Capital Value of £55 psf

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