CHESTER-STARBUCKS
16/18 Foregate Street, Chester CH1 1HA
Prime Freehold Retail Investment
Starbucks
The property has the following key attributes that we would like to draw to your attention:
- Chester is the historic county town of Cheshire and one of the strongest retailing centres in the UK
- Arguably the finest retailing location in the City
- Well secured to a major coffee shop brand off a rebased rent
- New 15 year lease
Our clients have instructed us to seek offers in excess of £1,050,000 (One Million and Fifty Thousand Pounds) subject to contract and exclusive of VAT for the freehold interest in the property. A purchase at this price would show an investor an attractive net initial yield of approximately 8.10% assuming standard purchaser’s costs.
