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130 Foregate St 1,406 SF Vacant Retail Building Chester CH1 1HB $464,978 CAD ($330.71 CAD/SF)



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 User
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
1,406 SF
Building Class
B
Year Built
1887
Price
$464,978 CAD
Price Per SF
$330.71 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
9’
Building FAR
0.65
Lot Size
0.05 AC
Frontage
27’ on Foregate St
AMENITIES
- Restaurant
- Security System
- Storage Space
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE 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 SF | Restaurant | In-Line | Now |
Ground
| Size |
| 526 SF |
| 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 SF |
| 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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