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Dee Miller Kingsway

7,299 SF 100% Leased Retail Building Chester CH2 2LH £675,000 (£92/SF)

Investment Highlights

  • The property comprises a modern supermarket, public house and associated parking
  • Asset management opportunity
  • Situated within a predominantly residential area, opposite Kingsway Shopping Centre & close to university of Chester Creative Campus

Executive Summary

Lot 33 is available for sale at an Allsop online auction to be held on Wednesday 11th December 2024.
The property comprises an freehold investment opportunity for sale.

The asking price is £675,000-£700,000, representing a gross initial yield of 11.85%.

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
7,299 SF
Building Class
B
Year Built
1948
Price
£675,000
Price Per SF
£92
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.31
Lot Size
0.54 AC
Parking
19 Spaces (2.6 Spaces per 1,000 SF Leased)
Frontage
72 ft on KIngsway

Amenities

  • Security System
  • Roller Shutters

Nearby Major Retailers

Heron Foods
The Co-operative Group
Hungry Horse
Sainsbury's
The Royal Oak
Costa Coffee
Lloyds TSB
Nisa
The Co-Operative
Waitrose & Partners
  • Listing ID: 34081975

  • Date on Market: 04/12/2024

  • Last Updated:

  • Address: Kingsway, Chester CH2 2LH

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