On Air Now

Friday Breakfast

7:00am - 10:00am

Now Playing

Paul Mccartney

Put It There

Middleton Shopping Centre put up for sale with £8.45 million asking price

The shopping centre in Middleton has been brought to market with an asking price of £8.45 million.

Middleton Shopping Centre includes more than 320,000 sq ft of retail space and is currently around 93 per cent occupied.

The shopping centre, located around five miles north east of Manchester city centre, includes 87 retail units and a 430 space multi storey car park.

The site extends to 324,078 sq ft and is described as a convenience led retail destination.

Current anchor tenants include Home Bargains, Boyes, JD Gyms, Poundstretcher and Iceland. Other national brands trading at the centre include Boots, Superdrug, EE, Specsavers, Costa Coffee and Greggs.

The centre also includes a range of local independent retailers and sits close to a Tesco Extra store and petrol station.

According to property consultancy Knight Frank, which is marketing the site, the centre has completed 15 lettings and lease renewals over the past 12 months.

The shopping centre is said to serve a residential catchment of around 1.06 million people, with Middleton benefiting from links to Manchester, Salford and Rochdale employment areas.

The asking price of £8,450,000 reflects a blended net initial yield of 11 per cent.

Donate to Roch Valley Radio

 

Do you have a story for us? Want to tell us about something happening in our Borough?

Let us know by emailing newsdesk@rochvalleyradio.com

All contact will be treated in confidence.

More from Local News

Comments

Add a comment

Log in to the club or enter your details below.

Donate to Roch Valley Radio

 

Recently Played

Newsletter

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter and stay updated.

   

Coming up next On Air

  • Friday Breakfast

    7:00am - 10:00am

    getting you out of bed and to work and school with great music and headlines.

  • Spooky Talk

    10:00am - Noon

    with Gemma Johnson, playing a mixture of her favourite music with a sprinkling of the spooky to breathe life into your Friday morning.

  • Pauline

    Noon - 2:00pm

  • The Wellness Hour

    2:00pm - 3:00pm

    with Kim G, a warm and accessible wellbeing hour offering practical self-care tips, grounded health insight, and a gentle Friday wind-down.

  • Friday Drivetime

    3:00pm - 6:00pm

    getting you home on your favourite Drivetime station.

  • Friday Night Kick About

    6:00pm - 8:00pm

    with Ian Foran bringing you football, music, and everything in between... no slide tackles required.