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15-23 Frodsham St 3,153 SF 100% Leased Retail Building Chester CH1 3JJ $1,418,997 ($450.05/SF) 8.45% Cap Rate
INVESTMENT HIGHLIGHTS
- The property occupies a strong and prominent corner trading position on Frodsham Street
- Immediately to the east of Chester’s Cathedral and City Walls
- Within 100m of prime Foregate Street which, together with Eastgate Street, forms the focus of Chester retailing
EXECUTIVE SUMMARY
15-23 Frodsham St comprises a newly fitted out retail premises extending to approximately 292.93 sq. m. (3,153 sq. ft.) over ground floor level with 6 brand new high quality apartments at first and second floor level above (sold off long leasehold).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
3,153 SF
Building Class
B
Year Built
1790
Price
$1,418,997
Price Per SF
$450.05
Cap Rate
8.45%
NOI
$119,915
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
9’
Building FAR
0.80
Lot Size
0.09 AC
AMENITIES
- Security System
- Signage
- Storage Space
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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15-23 Frodsham St
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