This property is no longer on the market
2 bedroom property
Key information
Property description & features
- Tenure: Leasehold
- Mixed Use Freehold
- Ground Floor A1 Units
- Two Bedroom Flat Above
- Prominent Location
- Residential EPC Rating C
- Commercial EPC Rating TBC
With a gross annual income in the region of £15,860, this freehold investment is ideal for those seeking to acquire an alternative to traditional interest based securities, combining as it does, both retail and residential elements. In brief, the property consists of two ground floor retail units, a garage unit to the rear and a first floor two bedroom residential flat. These individual sections are described in greater detail below.
Rooms
FIRST FLOOR FLAT KITCHEN 3.35m x 2.16m
With storage cupboards and work surfaces, stainless steel single drainer sink unit, radiator, gas fired combination central heating/hot water boiler, and points and space for a washing machine, electric cooker and refrigerator/freezer.
FIRST FLOOR FLAT BEDROOM ONE 4.27m x 3.15m
With radiator.
FIRST FLOOR FLAT BEDROOM TWO
4.01m max x 3.15m max - With radiator.
FIRST FLOOR FLAT SHOWER ROOM 2.16m x 1.6m
With white suite comprising shower cubicle with fitted thermostatically controlled shower unit, wash hand basin, WC and radiator.
GARAGE UNIT
7.4m max x 4.45m max - With flagged surface and side storage sections as follows.
GARAGE SIDE STORAGE SECTION 1 3.45m x 2.24m
With lighting.
GARAGE SIDE STORAGE SECTION 2
3.07m max x 2.92m - With lighting.
OUTSIDE
Externally, there is a flagged area to the rear of the building with vehicular access from Curzon Street.
LEASE DETAILS
The current occupation details are as follows:
46 Chester St, Currently trading as Sandwich Shop - Effective FR&I, Expiring July 2027, excluded lease - £8,060.
46a Chester Street, Private tenant (Flat) - AST - £5,976.
46b, vacant - ERV £5,100.
Garage,- Licence - £1,824.
Rental income - £15,860 ERV £20,960.
Please note 46 Chester Street could be available with vacant possession, subject to further negotiation.
RATEABLE VALUE
The VOA website confirms the property has the following Rateable Value and Council Tax Band rating :
44 Chester Street £3,000
46 Chester Street £4,150
46a Chester Street - Band A
DIRECTIONS
From Chester, proceed out of the city over the Grosvenor Bridge to the Overleigh roundabout, taking the fourth exit onto Hough Green. Proceed along Hough Green as it continues as Chester Street, and the subject property will be observed in its position on the right hand side on the corner of Chester Street and Curzon Street.
FIRST FLOOR FLAT SITTING ROOM 4.22m x 3.12m
With radiator and gas meter.
FIRST FLOOR FLAT LANDING
4.22m max x 2.26m - With electricity meter and doorway/staircase access from the rear elevation of the building.
PET SHOP STORE 3.45m x 3.43m
With lighting, rear access door and WC.
PET SHOP REAR VESTIBULE 3.94m x 2.18m
With lighting and throughway leading to a store area.
PET SHOP RETAIL UNIT 4.22m x 4.04m
With electricity meter and frontage onto Curzon Street.
SANDWICH SHOP WC 1.24m x 0.97m
With wash hand basin and WC.
SANDWICH SHOP REAR PORCH/STORE 2.1m x 1.04m
With external door, electrically heated hot water tank and inner doorway leading to a WC.
SANDWICH SHOP KITCHEN/PREPARATION AREA
4.78m max x 3.3m max - With tiled walls, sink unit, various storage cupboards and inner doorway leading to the rear porch/store.
SANDWICH SHOP RETAIL UNIT
6.05m max x 4.24m - With electricity meter cupboard and dual frontage onto Chester Street and Curzon Street.
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*DISCLAIMER
Property reference CSR220103. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Thornley Groves - Chester.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 23, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on February 3, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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