63-65 Bridge Street Row East
Chester
Cheshire
CH1 1NW

City Centre Retail Investment

  • Let to Salons First Limited on a renewed lease until June 2028
  • Tenant in occupation since at lease 2016
  • Podium level retail unit
  • Major Regional Retailing Centre and Tourist City.
  • Attractive and Historic City Centre Location
  • Neighbouring occupiers include Travelodge, Nandos, Cafe Nero, Cote Brasserie and Hugo Boss.
  • Lot
    30
  • Auction
    24/Sep/2021
  • Rent
    £13,500 per Annum Exclusive
  • Status
    Sold Prior
  • Price*
     
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • 63-65 Bridge Street Row East, Chester, Cheshire, CH1 1NW
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
17 miles South of Liverpool
33 mile South West of Manchester
Roads
A51, A55, A56, M53, M56
Rail
Chester Railway Station
Air
Liverpool John Lennon international Airport, Manchester International Airport
Situation

Chester is an affluent, highly attractive and an important historic walled City that is popular with both tourists and shoppers, as the city is a major regional shopping destination. The property is situated in a prominent position on the east side of the majority pedestrianised Bridge Street in the heart of the City Centre. Nearby commercial occupiers include Travelodge, Cafe Nero, Nandos, Cote Brasserie, Hugo Boss amongst many other major national occupiers and exclusive boutiques,

Tenure

Virtual Freehold. Held for a term of 999 years at a fixed peppercorn rent from completion

Description

The property comprises a self contained shop unit situated at the Podium / Row level.

VAT

VAT is applicable to this lot.

Completion Period

6 week Completion

EPC

Exempt - listed building

Tenancy & Accommodation

FloorUseArea/sq m (sq ft)TenantTermRent p.a.x
Podium / Row
Level
Retail
121.10 sq m
(1,303 sq ft) (2)
Salon First Limited
(CRN06827824) (1)
7 years from 21st
June 2021 until 20
June 2028
£13,500 (3)
Total
121.10 sq m
(1,303 sq ft) (2)
  £13,500

(1) Salon First Limited were incorporated in February 2009 and has been in occupation of the property since at least 2016.
(2) The above floor areas are those published by the Valuation Office Agency at https://www.tax.service.gov.uk/business-rates-find/valuations/18287099000
(3) The lease provides for the rent to be paid monthly.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    03.09.21
    File Size
    903 KB
    View PDF
  • Site Plan
    Updated Date
    03.09.21
    File Size
    829 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Associate Auctioneers
Hammered Auctions Silver Stream House, 45 Fitzroy Street
London
W1T 6EB
Piotr Rusinek 07707611844piotr@synergy-pp.com
Seller's Solicitors
Glaisyers Solicitors Ltd One St James's Square
Manchester
Lancashire
M2 6DN
Sarah Milligan 01618335677sarah.milligan@glaisyers.com

Useful Links

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