Investment
Investment Opportunity – Hotel – Chester
Oddfellows Chester Hotel, 16-22 Lower Bridge Street, Chester, CH1 1RS
For Sale
Terms
7,961 sq ft
Size
- 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 of4.38% after purchaser’s costs of
6.2%.
More information
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Team members
Where to find this property
Lower Bridge Street,
Chester
CH1 1RS
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