Industrial

Crown Centre

Location:
Macclesfield
Size:
55,923 sqft / 5,195 sqm
GM Role:
Asset Management, Development Management, Project Management
Leasing Agents:
in-house
Key Facts:

Town centre mixed-use trade-counter/industrial estate with redevelopment potential.

Whilst development feasibility options were considered the estate was let on short-term leases outside of the security of tenure provisions of the landlord & Tenant Act. These short term lettings created a positive cash flow and covered the usual holding void costs associated service charge and business rates.

The estate was recently sold off-market to a developer.

Key Tenants:

Best Electrical, CLK Furniture