Stanley Street, Chester

LOCATION
1 Stanley Street is located in a very prominent position on the corner of Lower Watergate Street and Stanley Street in the heart of Chester City Centre. It is within very easy walking distance of all the city centre shops, bars, restaurants and other amenities. Whilst the property has its own private car parking, extensive additional parking is available in the Linenhall Stables Car Park opposite.

DESCRIPTION
The property is an impressive Grade II Listed corner building of traditional brick construction under a pitched slate roof. The main section of the building is arranged over three storeys with a two-storey extension and comprises a ground floor café and ancillary accommodation with independently accessed offices above plus attic and basement. The office accommodation is fitted out to a high standard and comprises a mixture of suites and meeting rooms together with kitchen and toilet facilities. Large timber-sashed windows providing excellent levels of natural lighting.

ACCOMMODATION
The property has been measured on a Net Internal Area basis in accordance with RICS recommended practice as follows:

Ground Floor: 1,198 sq ft (111.3 sq m)
First Floor: 1,230 sq ft (114.3 sq m)
Second Floor: 888 sq ft (82.5 sq m)
Total: 3,316 sq ft (308 sq m)
Plus Basement: 652 sq ft (60.6 sq m)

PARKING
The property has external space to the rear and side providing car parking for up to 4 vehicles.

TENURE
The freehold interest is offered for sale with vacant possession of the offices.

The ground floor café is let for 1 year from 18th April 2026 at £5,100 per annum (plus VAT) and can be terminated by either party on 2 month's notice giving full vacant possession, if required.

The tenant has been in occupation for several years and this new lease formalises a historic concessionary arrangement. We believe the true rental value is well in excess of the passing rent.

PLANNING
Subject to the necessary planning consent the property may have potential for other uses including residential.

Planning was granted in November 2022 to improve the ground floor accommodation through "Demolition of rear escape stairs and addition of 3 x new window openings on eastern side elevation, 4 x replacement windows to include blocking up door opening on western side elevation and 1 x replacement window with alterations to window opening and replacement door to rear elevation." Full information can be found on the CWAC planning portal under reference 22 / 02108 /LBC.

PRICE
Offers in excess of £650,000 subject to contract plus VAT.

VAT
All figures quoted are exclusive of VAT at the standard rate prevailing.

BUSINESS RATES
The demises within the property are separately assessed for Business Rate purposes with Rateable Values from 1st April 2026 as follows:

Ground Floor Café and Storage: £17,250
First Floor Front Offices: £7,200
First Floor Rear Offices: £6,700
Second Floor Offices: £7,300

ENERGY PERFORMANCE
The property has an Energy Performance Asset Rating of B50. A full copy of the Energy Performance Certificate is available to download above.