Property photos
Just added
£250,000
(£177.81/sq. ft)
Restaurant for sale
Foregate Street, Chester CH11,406 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
- Newly Fully Fitted (2025)
- Long leasehold for sale £250,000 no VAT or
- New lease £ 25,000pa no VAT
- £50,000 Premium required for fixtures and fittings
Proposition
This is an opportunity to acquire a fully fitted restaurant-take away and to be open and trading quickly.
The landlords can either grant a new lease unit on a term of years to be agreed, or sell a new 125 year long lease at peppercorn rental. In either case a premium is required for the fixtures and fittings, and the tenants will be responsible for apportioned costs of maintaining the exterior and fabric of the property.
Location
Foregate Street is one of Chester’s best-known streets. As can be seen from the attached maps, this property is located at the Eastern end of it, directly facing Grosvenor roundabout.
Strategically this is a very 'sustainable location' being a few minutes' walk to the mainline train station, whilst Chester City Centre is literally right outside the property.
Description
This property is a three storey mid-terraced building; the two upper floors are given over to separately accessed residential accommodation of 4 flats. The self-contained ground unit was comprehensively re-fitted as a restaurant and take-away in early 2025.
This refit extends to all the internal surfaces being clad in food grade walling, and brand-new kitchen range with completely new extraction systems and rear storerooms.
A layout plan is attached to these particulars showing the internal arrangement in greater detail. The property benefits from rear-side servicing from a shared side yard.
Accommodation
Internal Width: 25'1”
Front Sales Area: 526 sq ft
Rear Prep/Ancillary: 880 sq ft
Total Ground Floor Area: 1,406 sq ft
Lease
The Unit is available on a new effective fr&I lease for a term of years to be agreed, subject to 5 yearly rent reviews., at a rental of £25,000pa no VAT.
Or ...
Long leasehold sale
The landlords are prepared to grant a new long lease for a term of 125 years at a peppercorn rental for a price of £250,000.
Planning
The property is Grade II listed and sits within the Chester City Conservation Area.
Rating assessment
Rateable Value: £25,250 pa.
EPC
Restaurant: Rated B.
VAT
The property has not been elected for VAT.
Costs
Each party to be responsible for their own legal costs.
Agent's note
It is a legal requirement that purchasers must verify their identities once a sale/letting has been agreed. The purchasers/tenants will be required to supply proof of identity which will be checked by an external agency.
Viewing
All viewings are to be conducted strictly through Kenneymoore.
Subject To Contract
This is an opportunity to acquire a fully fitted restaurant-take away and to be open and trading quickly.
The landlords can either grant a new lease unit on a term of years to be agreed, or sell a new 125 year long lease at peppercorn rental. In either case a premium is required for the fixtures and fittings, and the tenants will be responsible for apportioned costs of maintaining the exterior and fabric of the property.
Location
Foregate Street is one of Chester’s best-known streets. As can be seen from the attached maps, this property is located at the Eastern end of it, directly facing Grosvenor roundabout.
Strategically this is a very 'sustainable location' being a few minutes' walk to the mainline train station, whilst Chester City Centre is literally right outside the property.
Description
This property is a three storey mid-terraced building; the two upper floors are given over to separately accessed residential accommodation of 4 flats. The self-contained ground unit was comprehensively re-fitted as a restaurant and take-away in early 2025.
This refit extends to all the internal surfaces being clad in food grade walling, and brand-new kitchen range with completely new extraction systems and rear storerooms.
A layout plan is attached to these particulars showing the internal arrangement in greater detail. The property benefits from rear-side servicing from a shared side yard.
Accommodation
Internal Width: 25'1”
Front Sales Area: 526 sq ft
Rear Prep/Ancillary: 880 sq ft
Total Ground Floor Area: 1,406 sq ft
Lease
The Unit is available on a new effective fr&I lease for a term of years to be agreed, subject to 5 yearly rent reviews., at a rental of £25,000pa no VAT.
Or ...
Long leasehold sale
The landlords are prepared to grant a new long lease for a term of 125 years at a peppercorn rental for a price of £250,000.
Planning
The property is Grade II listed and sits within the Chester City Conservation Area.
Rating assessment
Rateable Value: £25,250 pa.
EPC
Restaurant: Rated B.
VAT
The property has not been elected for VAT.
Costs
Each party to be responsible for their own legal costs.
Agent's note
It is a legal requirement that purchasers must verify their identities once a sale/letting has been agreed. The purchasers/tenants will be required to supply proof of identity which will be checked by an external agency.
Viewing
All viewings are to be conducted strictly through Kenneymoore.
Subject To Contract
More information
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