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Offers in region of

£2,250,000

(£84.09/sq. ft)

Retail premises for sale

Foregate Street, Chester CH1
26,757 sq. ft

Offers in region of

£2,250,000

(£84.09/sq. ft)

Retail premises for sale
Foregate Street, Chester CH1

    • 26,757 sq. ft

About this property

    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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