Land for sale in Charterhall Drive, Chester CH8, Non quoting

0.00

Offer Nr.:
58404001
Type of ad:
for Sale
Property type:
Land
Contact name:
CBRE Ltd
Phone(s):
0151 382 7721

• Rare opportunity to acquire two vacant office buildings located within 250m
of Chester Station
• 105, 517 sq ft of office accommodation set within a seven - storey and four -
storey buildings
• Site extends to circa c. 4. 31 acres
• Potential for owner occupation, refurbishment and asset management as
offices or there is huge potential for conversion and/or re - development to a
variety of uses
including Residential and Hotel.
• Multiple indicative massing by way of demolition and new build or part
demolition/part conversion of existing, subject to planning.
• Excellent location adjacent to Muse Developments’ City Place Office,
residential and Hotel scheme, Shot Tower, Waitrose, Shropshire Union Canal and
Chester
Train Station.
• Continued office use prospects supported by strong office take up in Chester
over the past 4 years which is 28% higher than the 10 year average.
• Affluent local Chester market with strong market fundamentals for both
residential sales and rental products, underpinned by ease of access to
surrounding regional
cities.
• Undersupply of housing is a key factor underpinning capital value growth
over the long term whilst demand for rental accommodation is likely to
continue over the
long term, with a new generation of elective renters.
• Freehold disposal offered with vacant possession.

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