CHESTER

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.