Kingsfield Court, Chester Business Park, Chester CH4 9RF

Kingsfield Court, Chester Business Park, Chester CH4 9RF

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  • Multi-let office park investment comprising three detached office buildings

  • Situated on Chester Business Park, the City's prime out of town office location

  • Modern accommodation that has been extensively refurbished over the last 3 years to provide high quality office space

  • 4 new lettings in the last 12 months with all tenant's undertaking substantial fit out works

  • Passing rent of £715,069 per annum, disregarding the TAP site

  • 94% occupancy

  • AWULT to expiry of 7.6 years (3.5 years to break)

  • ERV of £738,673 per annum

  • We are instructed to seek offers in excess of £7,125,000 (STC),which reflects the following yield profile:-

  • 9.41% NIY

  • 9.72% Rev Yield

  • Low capital value of just £153 psf

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