Warehouse in Chester

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Warehouse in Chester

2,655,000 £
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Total area: 1,000 m² Yield: 6.7%
  • Absolute return: 215,208 €
  • Land area: 3,900 m²
  • 1-floor building
  • Percentage of the rented area: 100%
  • Number of parking lots: 40

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.

Financial performance

Absolute income is 183,000 £.

The current yield of 6,7%.

Tenants

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.

Location and nearby objects

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.

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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