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130 Foregate St 1,406 sq ft Vacant Retail Property Chester CH1 1HB £250,000 (£177.81/sq ft)



INVESTMENT HIGHLIGHTS
- Prominent location
- Close proximity to Chester Train Station
- Close to a number of bars and restaurant
- Wide pavement providing opportunity for external seating subject to the usual consent of local authority
EXECUTIVE SUMMARY
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.
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.
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.
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.
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.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,406 sq ft
Costar Property Class
B
Year Built
1887
Price
£250,000
Price per sq ft
£177.81
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
4
Floor To Floor Height
9 ft
Plot ratio
0.65
Total Plot Size
0.05 ac
Frontage
27 ft on Foregate St
AMENITIES
- Restaurant
- Security System
- Storage Space
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
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.
| Space | Size | Space Use | Position | Available |
| Ground | 526 sq ft | Restaurant | In-Line | Now |
Ground
| Size |
| 526 sq ft |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Ground
| Size | 526 sq ft |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
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.
1 1
NEARBY MAJOR RETAILERS
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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130 Foregate St
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