6 November, 2020

CASTLE STREET, CHESTER – SALE

Acting on behalf of local Solicitors practice, who has recently merged with another firm, BA Commercial are delighted to confirm the sale of 10 Castle Street, Chester, CH1 2DS, which comprised a mid-terrace two storey office building, within the city walls, extending to 139.6 sq m (1502 sq ft) which had the particular benefit of 3/4 car parking spaces to the rear. The premises had the benefit of an outline consent for an extension at second floor level, to provide a residential unit.

The premises have been sold off by Private Treaty at an asking price of £325,000, to local investor/purchasers.

Justin Rice-Jones who handled the sale commented “freehold offices of this type are particularly scarce in the city centre, particularly with parking and the premises attracted a good level of interest from a range of applicants who included owner/occupiers, commercial investor purchasers, and residential developers. The building has been sold however for continuing commercial use and will be refurbished and offered to let following completion of the works.

The building had been occupied by a solicitors practice for a number of years, and we believe the purchasers have secured an exciting opportunity in the city centre, as part of their expanding portfolio”.