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Meyer House Business Centre, 42 City Road, Chester, Cheshire, CH1 3AE

Offers in Region of
£550,000

£131.42 per sq ft

Business rates & charges may apply

Legat Owen, Chester
SIZE AVAILABLE

4,185 sq ft

389 sq m

SECTOR

Commercial property for sale

Photo 10
1

Key features

  • Located close to Chester rail station
  • Multi occupied business centre
  • 9 self contained rooms suitable for a wide variety of occupiers
  • Benefits from ample natural light, dado trunking and double glazing
  • Shared WC and kitchen facilities
  • Private garage with 2 nose to tail parking spaces
  • Offered for sale
  • Freehold title
  • Parking
  • Prominent location

Description

INVESTMENT OPPORTUNITY

City centre building close to station providing small office suites in an attractive multi occupied property.
Total size including basement and garage = 4,185 sq ft
3,239 sq ft high quality office accommodation in self contained suites of 147 to 878 sq

The property is available on a freehold basis. Title number CH232719.
Seeking offers in the region of £550,000

HEAD LEASE

Leased in its entirety on a head lease at £30,000 per annum
Open market rent estimated at £40,000 per annum
Head lease expired March 2025 and tenant holding over

LICENCE AGREEMENTS

Building is occupied under annual licenses by 5 separate organisations
Passing gross rent of £60,043 per annum - includes utilities and maintenance
Total of 9 lettable rooms: 7 occupied suites (2,154 sq ft)
2 vacant suites (1,085 sq ft)
Gross rent when fully let estimated at £90,000

Brochures

Meyer House Business Centre, 42 City Road, Chester, Cheshire, CH1 3AE

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chester Station0.1 miles
  • Bache Station1.1 miles
  • Capenhurst Station5.2 miles

About Legat Owen, Chester

Albion Street, Chester, CH1 1RQ

Legat Owen is a multi-disciplinary, general practice firm of Chartered Surveyors established in 1986 with a head office in Chester.

We offer a full range of services including agency (industrial, office, retail/roadside/leisure, investment & land/development), property management, landlord & tenant, valuation, building surveying, development consultancy and rating. As a multi-disciplinary commercial property consultant, departments work alongside one another to provide a full complement of services to our clients as required.

Geographically, the practice acts across the whole of the UK with particular emphasis on the North West of England and Wales.

For the future, the company will continue to concentrate on its core strengths of delivering expert property advice on a personalised basis.

As a testament to these values, the Directors and staff are proud of the fact that we are still involved with many of the clients for whom we first acted for nearly forty years ago.

Notes

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Disclaimer - Property reference 9170FH. 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 Legat Owen, Chester. 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.

Map data ©OpenStreetMap contributors.

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