0.40 Acres (0.16 Hectares)
For Sale £500,000 lease for sale
0.4 acres
Chester City Centre location
About property
Car park investment let on new 10 year lease
0.4 acres (0.16 hectares)
The property is let by way of a new full repairing and insuring lease to IPark Smart Ltd for a term of 10 years from 16th August 2024 at a rental of £45,833 per annum
Investment freehold - Offers in the region of £500,000, subject to contract and exclusive of VAT
A purchase at this level reflects a net initial yield of 8.76% (assuming purchasers costs of 4.7%)