Investment Summary

Sovereign Court, King Edward Street, Macclesfield SK10 1AF

  • 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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