Offers in region of
£1,000,000
(£223.41/sq. ft)
Retail premises for saleBridge Street, Chester CH1
4,476 sq. ft
About this property
A rare opportunity to acquire a prominent historic building, offering both a residential conversion opportunity and a quality commercial investment.
Prominent and Grade II Listed Building.
Full planning permission (25/03857/ful) and Listed Building Consent for the conversion of the office accommodation element of the building to residential use (Use Class C3).
Property is held freehold under title number CH240071.
The Property is offered with a guide price of £1,000,000 on an unconditional basis.
A prominent and Grade II Listed Building, located in the historic heart of Chester, benefiting from an existing commercial investment and planning permission for conversion of the upper floors to residential accommodation.
The building provides circa 3,185 sq ft of office accommodation, arranged over 3 floors and accessed via White Friars, and a self-contained ground floor (and part basement) retail unit extending to circa 1,365 sq ft. The office accommodation also provides access to an unused basement of circa 500 sq ft. The unit has return frontage to Bridge Street / White Friars and is trading as Cafe Nero.
The Property is offered with a guide price of £1,000,000 on an unconditional basis.
The Property is prominently situated on Bridge Street, a part pedestrianized route and one of the principal streets in Chester. This is a prime city centre location with a plethora of restaurants, coffee shops, bars and retail outlets in the immediate area, including Nando's, Five Guys, Cote Brasserie, Gail's, Jo Jo Maman Bebe and numerous independent operators. Chester is a vibrant location to both live and work and is the county's principal settlement with over 90,000 residents. The city is a key centre for employment, retail, education and tourism as well as being a main transport interchange and gateway, with direct routes to London, Manchester, Merseyside and North Wales. The city is internationally renowned as a historic city with unique heritage assets, particularly its Roman remains, the City Walls and Medieval Rows. In addition, Chester is home to the world famous Roodee racecourse, the oldest operational racecourse in the UK.
Chester also has a significant level of in-commuting which reflects the job opportunities available in the city particularly at the successful Chester Business Park. There is a strong financial service sector in the city as well as a high level of service sector jobs linked to leisure and tourism. However, many of the higher earning Chester residents in managerial and professional occupations commute to jobs outside Chester West and Chester.
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