Offers in region of
£550,000
(£131.42/sq. ft)
Property for saleMeyer House Business Centre, 42 City Road, Chester, Cheshire CH1
4,185 sq. ft
About this property
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
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 ft.
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.
Data room
A data room containing further information and details is available.
Please contact Will Sadler at Legat Owen to arrange access.
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