3-5 Hunter Street, Chester

About this property

A city centre freehold office investment currently producing £16,000pa. The property comprises a terraced office building arranged over basement, ground, first and second floors. The premises are let by way of a full repairing and insuring lease to Messrs Morse, Hooker, Lea & O'Donnell trading as 'The Priory Partnership', Chartered Accountants.

Listed By

Sutton Kersh - Auctions
2 Cotton Street,
Liverpool,
L3 7DY

t. 0151 207 6315
f. 0151 207 6316
auctions@suttonkersh.co.uk

Tenure - Freehold

Situated

Chester is located a short distance from the beginning of the M53 and M56 linking Liverpool in the north and Manchester to the North East, respectively. The property is situated within Chester City Centre on the very fringe of the main retail core. Nearby occupiers include, Chester library, Co-op bank and Car phone warehouse.

Schedule of Accommodation

Ground Floor

Reception Area 14.58 Sq m 157 Sq ft

Lower Ground (No 5)

Front and main office 34 Sq m 367 Sq

Rear Office 1 9.38 Sq m 101 Sq ft
Rear Office 2 12.45 Sq m 134 Sq ft

Totals 55.83 Sq m 602 Sq ft

First Floor

Office 1 14.49 Sq m 156 Sq ft
Office 2 18.95 Sq m 204 Sq ft
Office 3 26.94 Sq m 290 Sq ft
Office 4 17.65 Sq m 190 Sq ft

Totals 79 Sq m 854 Sq ft

Second Floor

Office 1 12.07 Sq m 130 Sq ft
Office 2 18.76 Sq m 202 Sq ft
Office 3 20.07 Sq m 216 Sq ft
Office 4 14.86 Sq m 160 Sq ft

Totals 65.77 Sq m 708 Sq ft

Kitchen Area 3.06 Sq m 33 Sq ft
Store Room 5.57 Sq m 60 Sq ft
Rear Store area 9.10 Sq m 98 Sq ft

Totals 17.74 Sq m 191 Sq ft

Outside

Rear Yard

Lease

The property is let on full repairing and insuring terms for a term of 25 years from 1st August 1987 at a rent of £16,000 pa.

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Residential Sales

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Viewings

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* Guide Price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve Price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyer's Fee

A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees)

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Sales: Sutton Kersh is a trading name of Countrywide Estate Agents Limited, Registered in England Number 00789476. Registered Office Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN.

Lettings: Sutton Kersh is a trading name of Countrywide Residential Lettings Limited, Registered Office Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. Registered in England Number 02995024. Countrywide Residential Lettings Limited is a member of and covered by the ARLA Propertymark Client Money Protection Scheme. Countrywide Residential Lettings Limited is an agent and subsidiary of Countrywide Estate Agents Limited, Registered in England Number 00789476, Registered Office: Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. Countrywide Estate Agents Limited is an appointed representative of Countrywide Principal Services Limited which is authorised and regulated by the Financial Conduct Authority FRN 301684. VAT number 500 2481 05.

3-5 Hunter Street, Chester CH1 2AR

Lot Number 37