56 Chester Street, Wrexham LL13 8BA
£190.42 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
919 sq ft
85 sq m
- SECTOR
High street retail property for sale
Key features
- INVESTMENT FOR SALE
- FREEHOLD INVESTMENT
- 15 YEAR LEASE FROM 2021
- PASSING RENT- £14,400PAX
- NET INITIAL YIELD- 8.06%
Description
This attractive and characterful café occupies a single-storey commercial property in a prominent and highly visible location in Wrexham town centre. Currently trading as Kristina's Café, the property benefits from strong footfall and loyal local custom.
Key features include:
Ground and first floor seating with capacity for approximately 46 covers
Well-equipped commercial kitchen
Separate ladies and gents WCs
Well presented and enclosed walled garden with additional seating.
The café interior is inviting, with exposed beams and a layout that supports both casual dining and group seating.
INVESTMENT SUMMARY
Trading as Kristina's Café, a long-established and popular local café
Prime position on the pedestrianised section of Chester Street, close to the junction with Charles Street and High Street
Let on a Full Repairing & Insuring (FRI) lease for 15 years from 1st June 2021
Current passing rent: £14,400 per annum
5-yearly index-linked rent reviews- Between 5-8% (next review due in 2026)
INVESTMENT FOR SALE
FREEHOLD INVESTMENT
15 YEAR LEASE FROM 2021
PASSING RENT- £14,400PAX
NET INITIAL YIELD- 8.06%
Brochures
56 Chester Street, Wrexham LL13 8BA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wrexham Central Station0.3 miles
- Wrexham General Station0.5 miles
- Gwersyllt Station2.2 miles
Notes
Disclaimer - Property reference 3574FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BA COMMERCIAL, BA Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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