Property description
Of interest to Investors / Developers &
Owner Occupiers
- Full Planning and Listed Building Consent for
conversion of top three floors to residential
- Freehold, Grade II Listed mixed use building
- For sale as whole but may consider in two parts
- Historic City Centre location (forming part of
Chesters Rows)
- Current income £46,000 pa. (from part)
- 3 upper floor offices offered with V.P
- SASS / SIPP opportunity for owner occupation.
Chester has long been considered the jewel in
the crown of Cheshire. This historic walled City
still retains much of the original Roman Street
layout, and Bridge Street is an intrinsic part of
that heritage. As its name suggests, Bridge Street runs down to the Old Dee Bridge, the original crossing point of the River Dee.
The buildings along both sides of Bridge Street
form part of the Chester Rows Layout, for which Chester is world Famous. It has been claimed that these walkways were the first covered
shopping streets in Europe.
A Grade II Listed 5 storey, mid-terraced building
with rear open yard. The two lower floors are presented as separate shop units, one to Bridge Street, and one to Bridge Street Row, each with their own wc etc, and rear fire escapes.
The upper three floors currently present as fully
fitted refurbished vacant office suites, capable
of immediate occupation.
These offices are accessed from their own
entrance from Bridge Street Row, which leads
to a central feature Oak original staircase, from
which the suites access with front and rear
windows.At present, these offices could be occupied as one suite, or let as two, there being wc accommodation at each of Row plus 1 and Row plus 2 levels. These offices also retain a significant amount of original features.Planning consent has been granted for conversion of the upper floors to residential if required, further information later in this brochure.
This property offers a wealth of added value
opportunities to asset manage or refurbish either in whole or in part for Commercial or Residential use. The well secured income from Johnsons until June 2017 provides a suitable window for other opportunities or even additional planning consents to be obtained, or possibly an owner occupation opportunity in the short term. The opportunity exists for owner occupation of the upper floors immediately and/or for a purchase in a SASS or a SIPP environment. The vendors may give consideration to a part sale (further information on request).
The premises are located within the Chester
Conservation Area and are Grade II Listed (Ref.
No. 1389289). The Established Planning Use is
understood to be A1 Retail on Street and Row
level and B1 Offices on the three upper floors.
Full detailed Planning Consent has been granted
for the conversion of the three upper floors to
residential (Ref. No. 15/02923/FUL). In addition, Building Control Consent has also been granted (App. No. 15/02924/LBC). These Consents aredated October 2015.