Retail premises for sale in Bridge Street, Chester CH1

Location & description

The premises occupy a prominent City Centre location in a strong trading position on a sought-after trading street, right next door to the new Gails Bakery.

Other retailers in the immediate vicinity, include Rohan, French Connection, Trailfinders and newly opened 200 Degrees Coffee and Boheme Café Bar, with Wildes Hotel and X by Harry Guy due to open 2025.

Accommodation

The premises comprise a fully fitted lock-up ground floor shop, having the following approximate areas/dimensions: -

Frontage: 13 ft 6
Internal Width: 12 ft 10
Depth: 40 ft 2
Ground Floor Sales: 506 sq ft
Ground Floor Store: 33 sq ft
(plus rear wc)

Al Fresco opportunity exists on the pavement outside subject to council licence.

Proposal

Virtual Freehold: Offers Over £400,000 + VAT
Lease: A new full repairing and insuring lease, for a term of years to be agreed, subject to 5 yearly upward only rent reviews, at a rental of £35,000 pa + VAT.

Planning

The property is Grade II Listed and sits within a conservation area.

Rates

The property is shown in the current Rating List as having the following entry from 01.03.23:

Rateable Value: £30,500

EPC

The property has a 'B' Rating. Please see attached.

VAT

The property has been elected for VAT.

Costs

Each party to be responsible for their own legal costs.

Agent's note
It is a legal requirement under Anti-Money Legislation that we must verify the identity of a proposed purchaser/tenant once a sale/ letting has been agreed.

The proposed purchaser/tenant will be required to provide appropriate information before instructing solicitors and consent to this being checked with an external agency.

Viewing

Strictly by appointment through the sole agents.

Subject To Contract