The Hub, Retal Ltd, p Colliers

The Hub is being marketed by Colliers and Hallam Property Consultants. Credit: via Colliers

Former Macclesfield M&S on market for £2.5m

The Hub boasts 55,700 sq ft of potential mixed-use space in the heart of Macclesfield’s town centre.

The former Marks and Spencer building sits at 33 Mill Street and has three floors of between 16,200 sq ft and 18,100 sq ft. The entirety of the complex is vacant. It includes surface car parking and also has a goods lift and loading bay.

Colliers and Hallam Property Consultants are marketing the property on behalf of an unnamed private investor. The guide price of £2.5m.

The two agents last advertised the building in 2022. At the time, BDP Architects was drafting plans to convert the building into a mixture of coworking spaces, shops, and leisure.

In February of the next year, The Hub was purchased for £597,500 sq ft, according to HM Land Registry. The owner listed is Reta1l Ltd, a Bolton-based company whose sole director is Jeremy Walker Banks, as per Companies House.

Colliers director Dominic Pozzoni pointed out The Hub’s development potential as a large, flexible space that is centrally located.

“Macclesfield has had a renaissance in recent years with the leisure offering enhanced by recent restaurant openings including Picturedrome, Suburban Green, and Wood Fire Smoke – all contributing to a diverse local economy,” Pozzoni said.

“The Hub offers a blank canvas for a creative new owner to bring this prime town centre property back to life, allowing it to contribute once again to the vibrancy of this thriving market town.”

Your Comments

Read our comments policy

So calling it “The Hub” instead of “Empty M&S” makes it worth 4 to 5 times what it sold for last year? Macclesfield must be doing much better than every other High Street in the country…

By Top Marks

Ideal for a full line M&S…! Seriously though, unless something happens soon, I can sadly imagine the former M&S will languish unloved for years to come, just like Craven House (ex-HMRC) until its conversion to apartments. Sad M&S sold the freehold of much of its estate, then relocating to out-of-town retail parks.

Albeit in the hands of private ownership, what’s Cheshire East Council doing to expedite plans? Macclesfield is still waiting on the leisure development that’s never happened and Macc hasn’t had a ‘proper’ cinema since The Majestic closed in 1998 – 26 years ago!!

Who knows, I could be proved wrong and Macclesfield will soon be home to an Everyman or The Light – fingers crossed!

By Pragmatist

I am not sure what they are saying g it can be used for? Is it being sold as a Hub? Or is it being sold as a Building For Sale?

By John Taylor

Macclesfield was once a busy market town with aexcellent mix of businesses .Now its almost devoid of the shops that made it a great little town .A town cant survive on coffee shops and pubs .On Friday 17th of May ,i walked down Chestergate ,i could
have counted the people on one hand .I then walked on to Mill Street .There were no more than 20 /30 people there .This was mid morning .By gross mis management our councillors etc have stripped Macclesfield of its character .I could go on but i’d be here for ever .

By Brian Smidmore

It would be great if someone would develop this building, the promised regeneration of our town centre is long overdue. Cheshire East should be ashamed of themselves for the neglect they have shown to our historic & characterful town

By M of Tytherington

Related Articles

Sign up to receive the Place Daily Briefing

Join more than 13,000 property professionals and receive your free daily round-up of built environment news direct to your inbox

Subscribe

Join more than 13,000 property professionals and sign up to receive your free daily round-up of built environment news direct to your inbox.

By subscribing, you are agreeing to our Terms & Conditions and Privacy Policy.

"*" indicates required fields

Your Job Field*
Other regional Publications - select below