Roger Hannah has been instructed to market Meadow Mill in Stockport for sale and is inviting offers over £2.5 million. The imposing seven-story mill is something of a landmark, overlooking the Portwood Roundabout (junction 27) of the M60 adjacent to Tesco Supermarket and S-Park, on the fringe of the town centre.
Stuart Cooper, Director of Roger Hannah, commented, “We are delighted to be instructed and are excited to bring this rare opportunity to market. The Mill occupies a prime position and is currently multi-tenant, producing over £220,000 a year. There is a real opportunity to either maximise revenue or look at alternative uses for the top 2 floors that have recently been refurbished to unlock their real potential. We are expecting interest from a variety of parties and look forward to the marketing process, which we hope to finalise by the end of October.”
The Capital Allowances available within Meadow Mill, yet to be identified, is estimated at £450k. The position requires transparent negotiation with the prospective purchaser and is subject to a comprehensive Capital Allowances Valuation Report being completed.
To show your interest in the acquisition of this site, contact the Agency Department directly & click here to view the brochure.
Should you require further information regarding the possibilities of Capital Allowances, please do not hesitate to contact Roger Hannah, ‘The Capital Allowances Specialist’ directly.