PROPERTIES

Bella Italia, 29 Eastgate St & 23 Eastgate Row, Chester CH1 1LG

Price£1,137,000

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Bella Italia, 29 Eastgate St & 23 Eastgate Row, Chester CH1 1LG

  • Price£1,137,000
  • Income£85,000
  • Yield7%
  • SectorHigh Street Retail
  • StatusAvailable
PDF DETAILS

Prime Retail Investment Opportunity

Summary

  • Chester is a historic cathedral city located in the north west of England in the county of Cheshire, England.
  • Mid-nineteenth century Grade ll Listed building arranged over ground and three upper floors, totalling 3,375 sq ft.
  • The third floor comprises an unrefurbished residential flat, providing future asset management opportunities.
  • The property has an EPC rating of B
  • Current total income of £85,000 per annum.
  • Freehold.
  • Seeking offers in excess of £1,137,000 (ONE MILLION ONE HUNDRED AND THIRTY SEVEN THOUSAND POUNDS)
  • A purchase at this level reflects a net initial yield of 7.00%, after allowance for purchaser’s costs of 6.80%, subject to contract and exclusive of VAT.