Retail in Handbridge available for sale
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Retail Properties for Sale near the Handbridge, Chester

Retail Properties for Sale Within 5 miles of the Handbridge, Chester

More details for Coniston Road, Chester - Retail for Sale

Coniston Road

Chester, CH2 2FL

  • Retail for Sale
  • £725,000
  • 3,780 sq ft
  • Smoke Detector

Chester Retail for Sale - Cheshire West & Outer Chester

Investment Consideration: Gross Initial Yield: 7.59% Rental Income: £55,000 p.a. VAT is applicable to this property Comprises large retail premises with shared car parking t/a Heron Foods Supermarket Let until 2037. Rent review in July 2027 capped at 12.50%. Tenant break option in 2032. Situated on arterial route in predominantly residential area with occupiers nearby including Co-Op Food, Beauty Salon, Takeaway`s, Barber Shop, Gift Store and many more. Property Description: Comprises large retail premises t/a Heron Foods Supermarket. The property benefits from shared parking with the adjoining public house and has been newly refurbished in 2022, providing the following accommodation and dimensions: Ground Floor: 351 sq m (3,779 sq ft) Open plan retail, storage, ancillary, wc Tenancy: The property is at present let to Heron Foods Limited* for a term of 15 years from 1st July 2022 at a current rent of £55,000 p.a. and the lease contains full repairing and insuring covenants. Rent review on 1st July 2027 open market upward only (capped at 12.50%). Tenant option to determine on 30th June 2032 with min 6 months notice. *Heron Foods is one of the largest discount food retailers in the UK, having been established in 1979 and now trading from over 340 stores nationwide and employing over 6,000 people. For the year end 30th March 2024, Heron Foods Limited reported a turnover of £560.585M, a pre-tax profit of £22.708M shareholder's funds of £98.064M and a net worth of £97,156M (Source: Experian 21.11.2024). Location: The historic and attractive cathedral city of Chester is the administrative centre for the county of Cheshire and a popular tourist destination, located some 21 miles south of Liverpool and 41 miles south-west of Manchester. Chester is well connected by key road networks, including the M53 to Liverpool, M56 to Manchester, A55 for North Wales, and A483 to Wrexham. The property is situated approx. 1.5 miles north east of the city centre on the west side of Coniston Road, opposite the vehicular entrance to the Kingsway Shopping Centre. Occupiers close by include a Co-op convenience store and a variety of local traders situated within Kingsway Shopping Centre in an otherwise predominantly residential area.

Contact:

Blue Alpine Partners Ltd

Date on Market:

05/03/2025

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More details for Sealand Rd, Chester - Retail for Sale

Rybrook Cars - Sealand Rd

Chester, CH1 4PH

  • Retail for Sale
  • £4,100,000
  • 11,638 sq ft
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More details for 105-109 Foregate St, Chester - Retail for Sale

105-109 Foregate St

Chester, CH1 1HE

  • Retail for Sale
  • £2,250,000
  • 23,824 sq ft
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More details for 157-167 Foregate St, Chester - Retail for Sale

157-167 Foregate St

Chester, CH1 1HF

  • Retail for Sale
  • £2,000,000
  • 11,288 sq ft

Chester Retail for Sale - Chester Central

The asset is available by way of a sale of the entire company shareholding. Freehold price on application. This property was originally constructed as the main motor vehicle dealership showroom for ‘Henlys’, and prior to being acquired by the current owners some 25 years ago, was used as their main HQ, serving a much larger site behind, (which has now been redeveloped for apartments). This property presents as two storeys to the front, but much of the first floor to the rear of the offices is given over to car parking accessed by a vehicle ramp from City Road. The first-floor office suite also derives its access from this car park. The ground floor comprises two large commercial spaces, both having full height shopfronts -each unit sharing a rear loading/ service corridor accessed by doors and roller-shutter, leading onto a shared level access service yard on Russel Street. The larger unit 1 is tenanted to Whitecross Dental Care Ltd t/a MyDentist, who relocated a smaller practice in 2023. This property has been completely remodelled to create 17 surgeries and ancillary space and has a rear frontage to Ethos Plaza. Unit 2 is occupied by Kutchenhaus, a designer kitchen business which has a number of outlets across North-West England. The office suite at first floor is accessed from the roof level and is occupied by Relive Physiotherapy, who expanded a smaller business into this suite a few years ago.

Contact:

Kenneymoore

Property Subtype:

Shopfront

Date on Market:

10/02/2025

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FAQs about Retail property for sale in Handbridge

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Handbridge?
There are currently 0 Retail Properties available for sale near Handbridge. These Handbridge Retail Property listings have an average size of. The largest available listing in Handbridge is. The thriving commercial centre and excellent transport links in Handbridge make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Handbridge?
The average price/SF for Retail Property for sale in Handbridge is about. The cost per sq ft for Retail Property in Handbridge ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Handbridge?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in Handbridge?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in Handbridge is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Handbridge, Chester

With 0 retail units currently available for sale in Handbridge, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Handbridge, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Handbridge, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Handbridge can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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