Land for sale in Charterhall Drive, Chester CH8

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Land for sale

105,517 ac*

Property description

• 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.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
CBRE Ltd, L3 on +44 151 382 7721 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by CBRE Ltd, and do not constitute property particulars. Please contact CBRE Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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