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Eden House Chester Business Park, CH4 9QT

Land for sale

£4,250,000Sale
£4,250,000
Total price
0.5Acres
Space

Description

UNDER OFFER

High quality office investment opportunity on Chester Business Park

Provides 21,750 sq ft of high quality office accommodation with an excellent car parking ratio of 1:200 sq ft

Fully let with WAULT to expiry of 9.01 years and WAULT to break of 5.79 years. 83% of income secured to Low Risk Covenants

Passing rent of £327,880 pa (£15.07psf)

We are instructed to seek offers in excess of £4,250,000 (Four Million, two hundred and fifty thousand Pounds) subject to contract and exclusive of VAT reflecting a Net Initial Yield of 7.25%, a Reversionary Yield of 8.06% and a low capital value of £195 per sq ft, assuming purchaser's costs of 6.57%.

Listed Features

  • Parking
  • Business Park
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YOUR PROPERTY MATCH SCORE
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Property Marketed By
Legat Owen