£1,500,000
(£283.45/sq. ft)
Retail premises for sale15-17, 19, 21, 23 & 25-27 St. Werburgh Street, Chester, Cheshire CH1
5,292 sq. ft
About this property
Investment for sale
Fully let unbroken retail parade
Total floor area approx 5,292 sq ft
Current total income £114,750 pa
Asking price £1.5 million, reflecting an attractive net initial yield of 7.21%
Description
The property comprises an attractive and highly prominent parade of retail units arranged over ground, first and, in some cases second floor accommodation. The buildings are Grade II listed and date from 1874, forming part of a distinguished late-Victorian development along St Werburgh Street, one of Chester's most historic and vibrant retail pitches.
Designed by the renowned local architect John Douglas, the parade showcases traditional craftsmanship. Construction is predominantly timber framed with herringbone brick infill and plaster panels, set beneath traditional brown tiled roofs. A distinctive covered colonnade at ground floor level supports the projecting upper storeys, creating an attractive and sheltered pedestrian walkway.
The elevations are rich in period detail, including jettied upper floors, mullioned and transomed windows, decorative timber bracing, and areas of ornamental plasterwork. Several units feature characterful oriel windows and gable fronts, contributing to a lively and varied streetscape.
Overall, the property represents a rare opportunity to acquire retail accommodation of significant historic character, set within an established and visually striking parade in the heart of Chester city centre.
Investment for sale
fully let unbroken retail parade
Total floor area approx 5,292 sq ft
current total income £114,750 pa
asking price £1.5 million, reflecting an attractive net initial yield of 7.21%
The property comprises an attractive and highly prominent parade of retail units arranged over ground, first and, in some cases second floor accommodation. The buildings are Grade II listed and date from 1874, forming part of a distinguished late-Victorian development along St Werburgh Street, one of Chester's most historic and vibrant retail pitches.
Designed by the renowned local architect John Douglas, the parade showcases traditional craftsmanship. Construction is predominantly timber framed with herringbone brick infill and plaster panels, set beneath traditional brown tiled roofs. A distinctive covered colonnade at ground floor level supports the projecting upper storeys, creating an attractive and sheltered pedestrian walkway.
The elevations are rich in period detail, including jettied upper floors, mullioned and transomed windows, decorative timber bracing, and areas of ornamental plasterwork. Several units feature characterful oriel windows and gable fronts, contributing to a lively and varied streetscape.
Overall, the property represents a rare opportunity to acquire retail accommodation of significant historic character, set within an established and visually striking parade in the heart of Chester city centre.
Investment for sale
fully let unbroken retail parade
Total floor area approx 5,292 sq ft
current total income £114,750 pa
asking price £1.5 million, reflecting an attractive net initial yield of 7.21%
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