Macclesfield Investment

Macclesfield Investment Market
Supermarket in Macclesfield sold for £30.5 Million
A leading Supermarket serving the affluent area of Prestbury, Macclesfield and surrounding areas has been bought for £30.5 Million. British Land purchased the investment which comprises of 73,500 sq ft. The site which is currently leased to Sainsbury’s, demonstrates demand for retail investments remains strong in the regions for this type of investment.
British Land already has an extensive portfolio in commercial property and the latest addition will provide a long and secure future income stream.
There have been a number of recent investment transactions in and around Macclesfield. This Market has been supported by a disproportionate amount of High Net Worth individuals living in the area of Prestbury, Alderley Edge and Wilmslow. Although there has undoubtedly been nervousness in the commercial property market, savvy investors know property is a longer term investment. There have been opportunities to purchase converted property that rarely changes hands for generations.
Macclesfield is well connected having a regular train service to Manchester, approximately 25 minutes journey time, Stoke-on-Trent, Birmingham and London being about 1 hour 45. So, although this is a regional investment, it’s far from the back and beyond.
Investors have recently favored the Greater London Conurbation but sentiment is gradually being replaced for need for yield. Less competition in the regions is proving to be a worthwhile hunting ground for investors with robust balance sheets and the debt driven market, as this type of investment will attract support from the banks and institutions.

 

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