Acting on behalf of G Walker Properties Limited Legat Owen has negotiated the purchase of a prime roadside unit situated on Bumpers Lane on the Sealand Industrial Estate in Chester.
The property which extends to 4,993 sq ft is situated on a site of 0.43 acres and is let to Europcar Group UK Limited.
Director Stephen Wade commented:
Bumpers Lane on the Sealand Industrial Estate, is recognised as the principal trade counter destination of choice for Chester.
The unit occupies a high profile location on the corner of Bumpers Lane and Hartford Way.
The property is let to Europcar Group UK Limited for a lease until March 2027.
The tenant has a turnover of £333,000,000 and the asset represented an excellent investment proposition.
Opportunities of this nature are few and far between and we moved swiftly to conclude the purchase on behalf of the client.