Moorings, 23 The Groves, Chester, CH1 1SD

£150,000

Size

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Tenure

Leasehold

EPC

Parking

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Primary use
Restaurant

Key features

  • Outstanding free of tie restaurant & bar
  • Ground floor restaurant (50)
  • Al fresco riverside dining (30)
  • 2 bed 2 bath apartment
  • New free of tie lease rental £60,000
  • Energy rating C
  • Annual rent: £60,000
  • Christie & Co Ref: 5665019

Description

Description

An appealing two storey double fronted detached Georgian property dated 1841. The property has been tastefully redesigned by the current owners to offer a ground floor restaurant and bar with the advantage of outdoor riverside seating along with a stylish first floor apartment currently utilised as independent letting accommodation.

Location

Occupying a picturesque location within The Groves upon the banks of the river Dee within the historic cathedral city of Chester.

Internal Details

The property has been tastefully updated whilst retaining many period style features to include open grate fireplace, ceiling coving, quality wooden flooring and two large sash bay windows overlooking the river.

Ground Floor

• Restaurant and bar (50)

• Open plan trade area served by a corner mounted bar servery

• Fixed perimeter seating and freestanding tables and chairs

Ancillary Areas

• Trade kitchen

• Glass wash & food preparation area

• Dry goods store

• Cellar

• Customer WC's

Letting Accommodation

Self contained first floor apartment comprising lounge, dining kitchen, master bedroom with en-suite, second bedroom, family bathroom. Enclosed rooftop terrace with views over the river Dee and beyond.

External Details

• The property offers both pavement seating and licensed decked area (30)

• Rear yard

• Bin Store

The Opportunity

An outstanding restaurant and bar occupying a first class location for both local and tourist trade.

The most immediate opportunity for a new operator is to increase the evening trading hours hours.

For details on upcoming events and menus, please visit the dedicated website

Staff

The business is presently run under management with a compliment of three full-time and seasonal part-time staff.

Trading Information

Detailed trading information available post viewing.

Trading Hours

Monday to Thursday
9:30am - 5.30pm

Friday
9:30am - 6.00pm

Saturday
9:00am - 6.00pm

Sunday
9:00am - 5.30pm

Tenure

New 10 year free of tie lease subject to an annual rent of £60,000 for both the restaurant and apartment.

Business Rates

The Business Rates payable are £1,200 with effect from 1 April 2023. Confirmation of actual business rates payable should be obtained from the Local Authority.

Regulatory

Premises licence.

Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
Yes
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Moorings, 23 The Groves, Chester, CH1 1SD

NEAREST STATIONS

National Rail

Chester Station

0.6 miles

National Rail

Bache Station

1.48 miles

National Rail

Capenhurst Station

5.52 miles

About Christie & Co, Pubs & Restaurants

Christie & Co, Pubs & Restaurants logo

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

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Disclaimer - Property reference 5665019-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.