White Friars, Chester, CH1

An outstanding city centre investment opportunity comprising 3 fully refurbished apartments within a period building together with dedicated parking.

FEATURES

APARTMENT 43A

- Kitchen with Dining/Sitting Area
- Living Room
- Store
- Bedroom 1 with en-suite Shower Room
- Bedroom 2 with en-suite Shower Room

APARTMENT 43B

- Kitchen with Dining/Sitting Area
- Living Room
- Store
- Bedroom 1 with en-suite Shower Room
- Bedroom 2
- Family Bathroom

APARTMENT 43C

- Kitchen with Dining/Sitting Area
- Living Room
- Bedroom 1 with en-suite Shower Room
- Bedroom 2 with en-suite Shower Room

FEATURES

- Communal Hall
- Communal Bin & Bike Store
- Secure Parking for 6 Cars

DISTANCES

CHESTER TRAIN STATION 1 MILE
CHESTER RACECOURSE 0.25 MILES
CHESTER CROSS 0.25 MILES
LIVERPOOL 23 MILES
MANCHESTER 40 MILES
(DISTANCES APPROXIMATE)

DESCRIPTION

43 White Friars is constructed of brick under a slate roof, with attractive double glazed sash windows, stone lintels and is listed Grade II, having undergone a scheme of renovation & modernisation in recent years and now comprises of 3 bespoke apartments with allocated parking in the middle of Chester.

INCOME POTENTIAL

The 3 units are broadly the same in terms of there layout finish and decoration. Since the apartments were completed in 2020 they have been used to generate a useful letting income. The units are complete with double glazing, safety doors throughout, alarm & sprinkler systems, intercom system, separate utilities and quality fixtures & fittings throughout.

At present the units are used for holiday lets but could easily be used for Assured Shorthold Tenancies or even longer term rentals should one wish to. This is an opportunity to acquire a ready made investment property capable of generating an income from the outset. The availability of 6 secure dedicated parking spaces within the city centre is a major attribute adding to the overall appeal from both a sales and lettings perspective. Aside from allocated parking spaces to individual apartments they are also capable of being rented independently such is the demand for secure parking locally.

The development itself and, more particularly, its situation is a key driver into the success of the letting business to date. Given its central location within Chester City Centre it is well suited to a variety of renters - the weekend break, weekday workers, racegoers, stag/hen weekends or longer term holidays staying close to friends & family. The ability to park on site and be within walking distance of all of Chesters sites is very desirable but it also remains incredibly convenient for other local attractions, be it Chester Zoo or further afield to Liverpool, Manchester, Snowdonia or the North Welsh Coast.

THE APARTMENTS

Whilst the ground floor apartment has its own independent front door from Cuppin Street, all 3 apartments have access via a front door from White Friars into a communal hall. From the car park there is also a rear entrance connecting to communal hall. The open plan kitchens are particularly light and airy, with dual aspect and tall sash windows. To the right is the fitted kitchen with wall & base units under work surfaces with 1½ bowl ceramic sink with drainer. The kitchens have fully fitted appliances to include Bosch induction hob with extractor above, Hotpoint dishwasher, Bosch double electric oven, Hotpoint fridge/freezer and Hotpoint washing machine. Within the open plan layout are dining and sitting areas with space for table & chairs, sofa and coffee table. Additionally, 43A has a cellar within the kitchen which is dry, being suitable for storage.

Each unit has 2 bedrooms and 2 shower rooms which are almost identical in size and style. All the bedrooms are en-suite with the exception of Bedroom 2 in 43B which has a separate shower room serving the second bedroom. The shower rooms have laminate floors, hand basin with cupboard below, low flush w.c. and shower cubicle.


LOCATION

43 White Friars is a listed Grade II building which has been recently converted into 3 two-bedroom apartments. White Friars is an attractive cobbled one-way street within a short walk of the main high streets & historic city walls. The Roodee Racecourse and Shropshire Union Canals are within a short walk from which there is also ease of access to the River Dee. The historic county town of Chester is enriched with history with the Chester Rows, many fine period buildings along with multiple high street banks, retailers, pubs, restaurants and the popular New Chester Market is within a short walk. Beyond Chester there is The Outlet Village at Cheshire Oaks and Broughton Shopping Centre. The city offers a good selection of both private and state schools including the Queens School which is on City Walls Road and also Kings School on Wrexham Road. On the recreational front there is sailing and rowing on the river, tennis and squash clubs on Wrexham Road, cricket, rugby and football clubs nearby, golf at Chester Curzon and horse racing on the Roodee Course.

COMMUNICATIONS

Owing to its location, the property is conveniently placed for the Chester Business Park and just 2½ miles from the southerly by-pass allowing for ease of access to the Wrexham Industrial Estate and Deeside Industrial Parks and other areas of commerce along the M53/M56 motorway corridors. The southerly by-pass connects with the national motorway network beyond Chester permitting daily travel to Liverpool and Manchester which are both served by international airports. Travel to London is available from Chester station via Crewe from which there is a 1 hr 40 mins service to Euston.

PROPERTY INFORMATION

Address: 43 White Friars, Chester, Cheshire, CH1 1NZ.

Tenure: Freehold with vacant possession. Ground Rent & Service Charge to be set up by occupier on completion.

Services: Mains gas, water, electricity and drainage. Gas central heating. Telephone line and Broadband connection. Intercom System. Fire Alarm & Sprinkler System.

Local Authority: Cheshire West & Chester Council.

Energy Performance Certificate: All units have an EPC Rating
of C.

Council Tax: All units are Band C.

Viewing: Strictly by appointment via Jackson-Stops Chester office.

Fixtures & Fittings: All curtains, carpets, fixtures, light fittings, furniture are available by separate negotiation.