Canal St
Chester CH1 4EJ
Northgate Locks · Land For Sale · 0.40 AC

INVESTMENT HIGHLIGHTS

  • Suitable for either owner occupation or investor
  • 5% NIY after allowing for purchasers costs
  • Chester City Centre location.

EXECUTIVE SUMMARY

Freehold - £375,000. This reflects a NIY of 5% after allowing for purchasers costs. There is a rolling landlord option to break on 1 month notice

PROPERTY FACTS Sale Pending

Sale Type Investment or Owner User
Tenure Freehold
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 0.40 AC

1 LOT AVAILABLE

Lot

Price £375,000
Price Per AC £937,500.00
Lot Size 0.40 AC

A 0.4 acre site is triangular in shape and currently accommodates a car park which is currently let to an individual operating a car park under an excluded lease due to expire 20 July 2024 at a rent of £19,500 pa.

  • Listing ID: 29615484

  • Date on Market: 25/09/2023

  • Last Updated:

  • Address: Canal St, Chester CH1 4EJ