Investment

Available

Ground Rent Investment Opportunity – Chester

Oddfellows Chester Hotel, 16-22 Lower Bridge Street, Chester, CH1 1RS

For Sale

Terms

4.38%

Yield

Secure, long let commercial ground rent investment.
Prime Chester city centre boutique hotel located on Lower Bridge Street, part of the main leisure and retailing heart of the city.
Historic and popular tourist destination attracting over eight million visitors a year and contributing over £1.8bn to revenue annually.
Let to Oddfellows Chester Limited with 117 years remaining. Current ground rent of £81,433 pa due for review in March 2027 and five yearly thereafter to RPI (Collared at 1% and 4%)
Offers in excess of £1,750,000 (One Million Seven Hundred and Fifty Thousand Pounds), subject to contract, for our client’s freehold interest. A purchase at this level reflects a net initial yield of 4.38% after purchaser’s costs of 6.2%.

More information

Download Brochure

Contact Us

Team members

Head of Investment

Ken Morgan

ken.morgan@rapleys.com

Where to find this property

Lower Bridge Street,
Chester
CH1 1RS