MIDDLEWICH is becoming a hotspot for commercial property investors in 2018, according to law firm SAS Daniels LLP.

And the firm believes the Middlewich bypass is the driving force.

With interest rates remaining low and investment prices in nearby Manchester and Liverpool rocketing, the firm believes investors are instead looking to regional centres for a better return on their capital.

With an average rental yield of 6.29 per cent, Middlewich is above the national average of 4.5 per cent and rapidly becoming a growth town for investors.

Middlewich is included in the law firm’s round-up of the best places in the north west and surrounding areas for commercial property investment, based on average rental yields, average commercial property prices, transport links and local development plans.

James Clarke, partner and head of the commercial property team at SAS Daniels, said: “The headline story for commercial development is the proposed Middlewich bypass, which is already attracting new industrial and office businesses into the town. The prospects for growth and job creation are looking better and better.”

SAS Daniels has a team of commercial property lawyers who specialise in commercial property investment and management projects and found Middlewich to be competitive for both rental yield and average commercial property price, standing at £250,000.

James added: “Middlewich faired extremely well and quite rightly so given its average return rate and reasonable property cost.

“As experts in a range of property matters including the sales and purchase of commercial investment properties, we see a wealth of opportunities in Middlewich.”