8 Mill Street, Macclesfield, SK11 6LY



The property occupies a prime pedestrianised retailing position on Mill Street, adjacent to TUI and Santander. Other retailers located in close proximity include Marks & Spencer, Next, W H Smith, River Island, Superdrug, Mothercare and Burtons/Dorothy Perkins. Mill Street is the town’s main retailing pitch and the recently extended Grosvenor Shopping Centre provides the Town’s main covered shopping centre. The scheme is anchored by Boots, and a new 25,000 sq ft TK Maxx unit, as well as a popular indoor market. Treacle Market is a bustling monthly outdoor market which is centred around the nearby cobbled Market Place with circa 160 stalls. A new Leisure development by ASK Developments is soon to be completed on Churchill Way which will be anchored by a 6 screen cinema along with 6 restaurants and is scheduled to open in 2020.


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.





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


Pandora is an international Danish jewellery manufacturer and retailer founded in 1982. Pandora products are sold in more than 100 countries on six continents through approximately 7,800 points of sale, including some 2,400 concept stores. There are over 330 Pandora outlets in the UK.   Pandora Jewellery UK Ltd (Co Reg 06654012) is the wholly owned UK subsidiary of the Danish Parent. Pandora Jewellery UK Ltd has reported the following figures:


We are instructed to seek offers in excess of £395,000 (Three hundred and ninety five thousand pounds) for the Freehold interest, subject to contract and lease. A purchase at this level would reflect a net initial yield of approximately 7.25%, after allowing normal purchaser costs of 4.8%.

EPC Rating

Available upon request