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15-23 Frodsham St 3,153 sq ft 100% Let Retail Property Chester CH1 3JJ £1,065,000 (£337.77/sq ft) 8.45% Net Initial Yield
INVESTMENT HIGHLIGHTS
- The property occupies a strong and prominent corner trading position on Frodsham Street
- Immediately to the east of Chester’s Cathedral and City Walls
- Within 100m of prime Foregate Street which, together with Eastgate Street, forms the focus of Chester retailing
EXECUTIVE SUMMARY
15-23 Frodsham St comprises a newly fitted out retail premises extending to approximately 292.93 sq. m. (3,153 sq. ft.) over ground floor level with 6 brand new high quality apartments at first and second floor level above (sold off long leasehold).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Property Size
3,153 sq ft
Costar Property Class
B
Year Built
1790
Price
£1,065,000
Price per sq ft
£337.77
Yield
8.45%
NOI
£90,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Floor To Floor Height
9 ft
Plot ratio
0.80
Total Plot Size
0.09 ac
AMENITIES
- Security System
- Signage
- Storage Space
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
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15-23 Frodsham St
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