22/24 Eastgate Street & 30 Eastgate Row, CH1 1LF

Prime Freehold Retail Investment

Mappin & Webb

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
  • Two shops, one being well secured on a new 10 year lease to Mappin & Webb
  • Reversionary potential on a vacant store at row level

Our clients have instructed us to seek offers in excess of £2,500,000 (two million five hundred 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 8.65% assuming standard purchaser’s costs.

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