Chantry Court, Chester

LOCATION
Chantry Court is located off Minerva Avenue and is situated close to the entrance to Chester West Business Park which fronts Sealand Road (A548) approximately 1.5 miles to the west of Chester city centre. Chester West Business Park is a 34 hectare greenfield employment park and is one of the largest and most well-established locations for business in Chester with occupiers including Volvo and Jaguar, Royal Mail, The Chartered Institute for Public Finance, Big Yellow and Calder Industrial Materials to name but a few,

Road links are excellent with Junction 12 of the M53 being within 3 miles which links directly with the M56 at Junction 11 and leads onto the M6 via Junction 9. To the west, Sealand Road links with the A550 which connects directly with the A55 North Wales Expressway and the M56 via Junction 16. Chester city centre is within a very short drive.

DESCRIPTION
Unit 4 Chantry Court comprises a modern two storey office building which is currently being run as a serviced office centre. The space provided is open plan in nature but has been partitioned out to create a series of different sized meeting rooms and private offices but could very easily be converted back to two open plan floor plates on both ground and first floor levels if so required. In addition there is a reception area, male and female WC facilities and kitchen. A particular feature of the property is the ground floor warehouse/workshop area which, while only taking up a small amount of the overall floor area, would be well suited to storage or light assembly type uses. The building is finished to a good modern specification to include double glazed windows, a mixture of aluminium and UPVC, suspended ceilings with integrated LED light panels and carpet tiles and overall is in good condition. This represents an unusual opportunity to purchase a substantial office building that also may be suitable for other commercial uses (subject to the necessary consents). The property benefits from a solar power installation.

ACCOMMODATION
The property has been measured in accordance with the RICS Code Of Measuring Practice as follows:

Ground Floor Office:  3,818 sq ft (354.7 sq m)
Ground Floor Warehouse:  1,368 sq ft (127.1 sq m)
First Floor Office:  4,275 sq ft (397.2 sq m)
First Floor Mezzanine:  553 sq ft (51.4 sq m)
TOTAL:  10,014 sq ft (930.3 sq m)

CAR PARKING
There are 26 allocated car parking spaces to the front and side of the property (the current owner also leases 3 spaces from another occupier).

TENURE
The property is held long leasehold 999 years from 1995 at a peppercorn rental.

PRICE
Offers over £1 Million.

VAT
We are advised that the property is elected for VAT and therefore, VAT will be charged on the sale price.

BUSINESS RATES
The Valuation Office Agency Website has assessed the Rateable Value at £53,500 creating an estimated rates payable of £25,680 per annum.

Please contact the Business Rates Department directly for confirmation.

ENERGY PERFORMANCE
An Energy Performance Certificate is in the process of being prepared and is available upon request.