Meyer House Business Centre

Overview

INVESTMENT OPPORTUNITY

City centre building close to station providing small office suites in an attractive multi occupied property.
Total size including basement and garage = 4,185 sq ft.
3,239 sq ft high quality office accommodation in self contained suites of 147 to 878 sq ft.

The property is available on a freehold basis. Title number CH232719.
Seeking offers in the region of £550,000.

HEAD LEASE

Leased in its entirety on a head lease at £30,000 per annum.
Open market rent estimated at £40,000 per annum.
Head lease expired March 2025 and tenant holding over.

LICENCE AGREEMENTS

Building is occupied under annual licenses by 5 separate organisations.
Passing gross rent of £60,043 per annum - includes utilities and maintenance.
Total of 9 lettable rooms: 7 occupied suites (2,154 sq ft).
2 vacant suites (1,085 sq ft).
Gross rent when fully let estimated at £90,000.

DATA ROOM
A data room containing further information and details is available.
Please contact Will Sadler at Legat Owen to arrange access.

Features

• Located close to Chester rail station
• Multi occupied business centre
• 9 self contained rooms suitable for a wide variety of occupiers
• Benefits from ample natural light, dado trunking and double glazing
• Shared WC and kitchen facilities
• Private garage with 2 nose to tail parking spaces
• Offered for sale
• Freehold title
• Parking
• Prominent location