16 Bridge Street, Chester, Cheshire West and Chester CH1 1NQ
– Deva Roman Town
020 *** ****
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Shop, retail unit for sale
Restaurant, Storage, Train transport
1,317 sq ft
The property comprises a ground floor retail unit together with basement and first floor storage area which forms part of a four storey building.
The property provides a standard rectangular ground floor retail unit with ancillary accommodation, the upper floors being in separate ownership for residential use.
The building incorporates a traditional shop front and has a consented ATM forming part of the frontage. The sales area provides access to a basement area and there are ancillary facilities to the rear.
The property has operated as a CTN for many years and currently operates over seven days from a maximum of 7.00 am to 6.30 pm.
2 Friarsgate, Grosvenor Street
Chester, CH1 1XG
Tel: 01244 351212
North Wales office:
Hanover House, The Roe
St Asaph, LL17 0LT
Tel: 01745 330077
16 BRIDGE STREET
CHESTER, CH1 1NQ
A centrally situated retail investment
Nearby retailers include Steamer Trading Cookshop,
Rohan, Crabtree & Evelyn and French Connection opposite
Attractive Lot size, suit SIPP purchase
Long established CTN let to Newsbox Trading Limited
New five year lease from September 2017 – rental £28,000 pax
Price in the region of £365,000 to show net initial yield of 7.38% after 3.92%
purchasers costs, no VAT
Commercial & Industrial Agents, Development, Investment & Management Surveyors
Chester is an affluent and historic Cathedral city in
the county town of Cheshire. It has excellent
communications via road, rail and air and the
conurbations of Liverpool and Manchester are
within easy reach.
Chester is one of northern England’s main retail
destinations and has a primary retail catchment of
804,000 persons which ranks the City highly in the
UK on this measure.
The company was established in 2013 and trades
also in Burnley.
The Guarantors are N S News Limited, Company No:
03705835 established in 1999, and trade from four
outlets in the North West.
The property has operated as a CTN for many years
and currently operates over seven days from a
maximum of 7.00 am to 6.30 pm.
Bridge Street is a good secondary shopping street
culminating at The Cross, off which the city’s
principal retailing streets lead. Retailers and
restaurants nearby include Steamer Trading, Rohan,
Crabtree & Evelyn, Carluccio’s and Cote.
A copy of the lease is available upon request.
The property comprises a ground floor retail unit
together with basement and first floor storage area
which forms part of a four storey building.
The VOA website confirms the property has a
Rateable Value of £27,500 (2017 List).
Offers are invited in the region of £365,000 for the
above property which is not VAT elected.
ATM site £8,300 (2017 list)
The property provides a standard rectangular
ground floor retail unit with ancillary
accommodation, the upper floors being in separate
ownership for residential use.
The building incorporates a traditional shop front
and has a consented ATM forming part of the
frontage. The sales area provides access to a
basement area and there are ancillary facilities to
The property comprises the
Ground floor sales
Ground floor ITZA
First floor ancillary
Interested parties are advised to contact the Local
Rating Authority, Cheshire West & Chester Council.
All main services are understood to be available or
connected to the property subject to statutory
All prices quoted are exclusive of but may be liable
to Value Added Tax.
44.03 sq m
31.8 sq m
8.6 sq m
37.8 sq m
474 sq ft
343 sq ft
93 sq ft
407 sq ft
Freehold subject to existing occupational lease.
The property is occupied by Newsbox Trading
Limited (Company Registration: 08539079) for a
term of 5 years from 29 September 2017 on tenants
repairing and insuring terms. The current rent
passing is £28,000 pax and is paid quarterly in
The Tenant has allowed the installation of an ATM,
via a Licence for Alterations, further details on
The building is Listed and therefore an EPC is not
Each party is responsible for payment of their own
legal costs incurred in documenting this
Any plans or photographs forming part of these
particulars were correct at the time of preparation
and it is expressly stated that these are for
reference, rather than fact.
Strictly by appointment through the sole agents BA
Commercial, Chester 01244 351212.
SUBJECT TO CONTRACT
BA Commercial conditions under which particulars are issued:
Messrs BA Commercial for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are give notice that:
i. the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer
ii. all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are
believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact, but satisfy themselves by
inspection or otherwise as to the correctness of each of them.
iii. no person in the employment of Messrs BA Commercial or any joint agents has any authority to make or give any representation or warranty whatever in
relation to this property.
iv. all rentals and prices are quoted exclusive of VAT.
Reproduced by the courtesy of the Controller of HMSO. Crown copyright reserved. Licence No. ES73291E
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