Property Listing Details

Property details

Description

Overview Car park investment let on new 10 year lease 0.4 acres (0.16 hectares) The property is let by way of a new full repairing and insuring lease to IPark Smart Ltd for a term of 10 years from 16th August 2024 at a rental of £45,833 per annum Investment freehold - Offers in the region of £500,000, subject to contract and exclusive of VAT A purchase at this level reflects a net initial yield of 8.76% (assuming purchasers costs of 4.7%) Features 0.4 acres Chester City Centre location Let to IPark Smart Ltd for a term of 10 years

The Agent

Price history

20-Dec-2024 £500,000 First listed

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