Meyer House Business Centre

Overview

******UNDER OFFER******

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

Location

The property is situated at the junction of City road with Queens Road, adjacent to the Queen Hotel and a very short distance from the railway station. As such, the property has easy access to both the city centre as well as the A56 Hoole Way and A51 Boughton leading out to the city to the motorway.