It is a retail warehouse near the center of Chester.
Description
The total area of a single-storey building is 1,000 m².
The plot of 3,900 m².
The construction is partly brick and partly steel clad elevations.
There is a parking for 40 cars in front of the warehouse.
The property is fully leased out to a major tenant.
Absolute income is 183,000 £.
The current yield of 6,7%.
The tenant is Staples UK Retail Limited, a subsidiary of Saples Inc. — one of the world's largest office supplies companies.
Annual turnover of Staples UK Retail Limited exceeds £ 200 million.
The lease agreement is signed for 25 years until 2022. All operating and insurance costs are borne by the tenant.
The property is located in the warehouse complex just 2 km from the city center, next to the retail park.
The warehouse has direct access to the highway, bus stop is within the walking distance.
