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15-23 Frodsham St

3,153 SF 100% Leased Retail Building Chester CH1 3JJ $1,929,332 CAD ($612 CAD/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
$1,929,332 CAD
Price Per SF
$612 CAD
Cap Rate
8.45%
NOI
$163,042 CAD
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

Nearby Major Retailers

Lloyds Bank
Caffe Nero
HSBC
Santander
Tesco
Iceland
Morrisons
Barclays
Turtle Bay
Cosy Club
  • Listing ID: 34060205

  • Date on Market: 2024-12-03

  • Last Updated:

  • Address: 15-23 Frodsham St, Chester CH1 3JJ

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