Ground Rent Investment Opportunity – Chester
Oddfellows Chester Hotel, 16-22 Lower Bridge Street, Chester, CH1 1RS
- 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%.
Where to find this property
Lower Bridge Street,