£2,250,000

Retail premises for sale

  1. Property photo 1 of 1.

Offers in region of

£2,250,000

(£84.09/sq. ft)

Retail premises for sale

Foregate Street, Chester CH1

26,757 sq. ft

Local area information

Property location

Nearby amenities

  • University Church Free School 0.1 miles
  • Chester 0.4 miles
  • St Werburgh's and St Columba's Catholic Primary School 0.5 miles
  • Bache 1.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Chester to find out more about the local area.

Features and description

Location

The affluent historic Cathedral and Market City of Chester is one of the UK's most favoured Cities, boasting a wealth of Cultural Heritage, and Educational attractions with space to Live, Work, Play and Learn.

With excellent road and rail connections, Chester can access Liverpool, Manchester and North Wales within the hour, with a Primary Catchment of over 810,000.
Situation

Situated on the Northern side of Foregate Street (one of the City's premier retail and leisure locations), this is strategically located for shopping, leisure and transport, with the mainline railway station and new bus station both being less than a 10 minute walk from the property.
Property

This is a modern framed building with clear internal space and good floor-ceiling heights developed in the early 1990's purpose built for Argos.

It has three separate internal staircase cores, supplemented by lifts, and has been stripped back to shell to enable the full potential of this substantial property to be realised.

Depth: 138' 0"
Site Area: 0.34 acres
Ground Floor gia: 11,495 sq ft
First Floor gia: 11,495 sq ft
Second Floor gia: 3,767 sq ft.
Total gia: 26,757 sq ft
Plans

Full plans are available on request.
Planning

Planning consent for the demolition of the existing building and construction of a 138 Bedroom Hotel (use Class C1) and ancillary accommodation, including engineering and associated works, was obtained on 8 July 2019. Application No. 19/02556/ful. It is understood that this consent is extant.
Rating assessment

The property has been removed from the Rating List but was previously assessed at £256,956.
Proposal

Freehold offers in the region of £2.25m.
VAT

The property has been elected for VAT.
EPC

On request.
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 Agents.

Subject To Contract.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Cheshire
  4. Chester
  5. Foregate Street