Bold Square, Chester, CH1

Freehold Detached Period Property with Established Holiday-Let Investment Opportunity

31 Bold Square, Chester | Offers Over £650,000

An exceptional opportunity to acquire a distinctive freehold period property in the heart of historic Chester, currently arranged as two individually designed, self-contained duplex apartments and offering an established holiday-let investment opportunity.

Occupying a fascinating historic setting within Bold Square, this substantial property combines period character with contemporary accommodation, providing approximately 1,970 sq ft of accommodation across two independent living spaces. Together, the apartments offer six bedrooms, four bath and shower rooms, three reception rooms, two fully equipped kitchens and two private outdoor leisure areas, each complete with its own hot tub.

The property is offered for sale as a whole under a single Freehold title, with the established turnkey holiday-let business available by separate negotiation. This provides an opportunity for an incoming purchaser to acquire the freehold property independently or explore the option of taking over the existing accommodation business, including its associated assets and operational arrangements.

With its distinctive accommodation, private outdoor facilities and convenient city-centre position, 31 Bold Square presents a particularly interesting proposition for investors seeking an established short-stay accommodation opportunity in one of Cheshire's most recognisable historic cities.

THE PROPERTY

A property with a fascinating history and a distinctive presence, 31 Bold Square is a substantial detached period house, currently configured as two individually designed duplex apartments.

The property occupies a unique position within Bold Square, an historic residential development dating back to the early nineteenth century. The surrounding area has undergone considerable change over the years, leaving this property as a notable survivor of the original streetscape.

The existing arrangement provides two independently accessible accommodation spaces, each thoughtfully configured to offer comfortable living, dining and sleeping facilities alongside its own private outdoor leisure area.

Extending to approximately 1,970 sq ft (183 sq m) in total, the accommodation is arranged across multiple levels and offers considerable space for both individual and combined bookings. The apartments can be operated independently or together, providing flexibility for different guest requirements and group sizes.

The property is held under one Freehold title and is being offered as a single property rather than as two separately available apartments.

ACCOMMODATION

APARTMENT A – COURTYARD DUPLEX

Arranged across the ground and lower-ground floors, Apartment A offers generous and well-appointed accommodation, centred around an open-plan kitchen, dining and living space.

The principal living area provides a welcoming setting for guests, with a fully equipped kitchen, integrated appliances and ample space for dining and relaxation.

The apartment offers three bedrooms, comprising a king-size principal bedroom, a further double bedroom and a smaller, versatile bedroom which could also lend itself to use as a study or additional flexible space.

Further sleeping accommodation is provided by a sofa bed within the lounge, allowing the apartment to accommodate larger groups.

The bathroom facilities include a bathroom incorporating a hydrotherapy steam shower, together with an additional shower/wet-room facility.

One of the apartment's particularly appealing features is its enclosed rear courtyard, providing a private outdoor retreat away from the surrounding city streets. Complete with patio furniture and a substantial Canadian-style hot tub, the courtyard offers an attractive leisure space for guests to enjoy throughout the year.

APARTMENT B – ROOF TERRACE DUPLEX

Arranged across the first and second floors, Apartment B provides a further three-bedroom duplex, with the bedroom accommodation positioned on the first floor and the principal living space occupying the upper level.

The apartment features three king-size bedrooms, one of which benefits from an en-suite facility. A further bathroom incorporates a feature shower.

The upper floor is dedicated to an impressive open-plan kitchen, dining and lounge area, creating a sociable environment for guests to relax and entertain.

The lounge also benefits from two king-size sofa beds, providing additional sleeping flexibility and allowing the apartment to accommodate larger groups.

A particularly distinctive feature is the elevated private roof terrace, providing an outdoor leisure space with a private hot tub and rattan settee seating. Offering an attractive setting for guests to unwind, this is a valuable addition to the accommodation and a feature rarely found within such a central city location.

COMBINED ACCOMMODATION

Together, the two apartments provide approximately 1,970 sq ft of accommodation, comprising:

• Six bedrooms across the two apartments.

• Four bath and shower rooms, subject to final room-schedule verification.

• Three reception areas, comprising two lounges and Apartment A's dining area.

• Two fully equipped kitchens.

• Two independent living and dining spaces.

• Additional sleeping provision through three sofa beds.

• Two private outdoor leisure areas.

• Two private hot tubs.

The individual floor areas are approximately 1,036 sq ft (96.3 sq m) for Apartment A and 934 sq ft (86.7 sq m) for Apartment B. The combined figure is derived from the supplied floorplans and is approximate, rather than the result of a new measured survey.

AN ESTABLISHED HOLIDAY-LET BUSINESS

Alongside the freehold property, buyers have the opportunity to acquire an established turnkey holiday-let business by separate negotiation.

The property has been operated as short-stay accommodation, with the existing two-apartment arrangement providing the ability to accommodate guests in either apartment individually or in both together for larger group bookings.

The current configuration offers accommodation for up to eight guests in Apartment A and up to ten guests in Apartment B, with a combined capacity of up to eighteen guests. These figures include the additional sleeping provision offered by the sofa beds.

The existing operation benefits from the property's individual character, city-centre location and leisure facilities, with both apartments offering private hot tubs and dedicated outdoor spaces.

For an incoming operator, the opportunity to acquire the established business alongside the freehold property offers the potential for a more straightforward transition into an existing accommodation operation, rather than commencing from the outset.

The business package is available by separate negotiation and may include the existing furnishings and equipment, including the hot tubs, together with the trading name, website, goodwill and relevant forward-booking arrangements, subject to agreement between the parties.

Detailed financial and operating information, including occupancy records, booking history, income and operating costs, can be made available to suitably interested parties, subject to the vendors' approval and appropriate due diligence.

HISTORIC BOLD SQUARE

The property's location offers more than simply a convenient city-centre address; it also places it within an area with a fascinating local history.

Bold Square originated as an early nineteenth-century residential development on land formerly associated with the mansion of Dr John Haygarth, the distinguished Chester physician. The development took its name from Eleanor Bold, who owned the land before its development.

Originally forming part of a substantial residential streetscape, the square once comprised a collection of attractive period houses. However, significant changes to the surrounding neighbourhood, particularly during the construction of Chester's inner ring road, resulted in much of the original development disappearing.

Today, 31 Bold Square stands as a distinctive survivor of this historic setting, offering a property with an individual identity and an interesting connection to Chester's architectural past.

The combination of historic character and its established contemporary use makes this a particularly unusual property within the city.

LOCATION – THE BEST OF CHESTER

Situated on Bold Square, just off The Bars and close to Foregate Street, the property occupies a highly convenient position within the heart of historic Chester.

Chester is renowned for its combination of Roman heritage, medieval architecture and vibrant contemporary lifestyle. Its famous Rows, historic city walls, independent boutiques, restaurants, cafés and cultural attractions create an appealing destination for visitors throughout the year.

Chester Racecourse, the River Dee and the city's many shopping and leisure facilities are all within easy reach, while Chester railway station is also accessible on foot.

The location provides an attractive foundation for short-stay accommodation, appealing to visitors exploring the city's history, enjoying its restaurants and shopping destinations, attending local events or visiting for business.

PARKING

Guest parking is currently arranged through two nearby off-site parking spaces, with one allocated to each apartment under separate arrangements.

These currently comprise a space at Cestrian Lodge Car Park on Queen Street and a further space at The Headlands, off Dee Lane.

Additional guest parking has also been arranged at Browns Yard, with further seasonal parking arrangements being explored.

These spaces are not included within the property's Freehold title and are subject to their respective licences, agreements, availability and terms. Prospective purchasers should make their own enquiries regarding the continuation and transferability of these arrangements.

Any applicable on-street resident or visitor parking permit arrangements are separate from the off-site parking provisions and should be independently verified.

THE SALE

The property is offered for sale as a whole under a single Freehold title, with an asking price of Offers Over £650,000.

The Freehold property is available independently of the existing holiday-let business, which is offered by separate negotiation.

The optional business package may include:

• Existing apartment furnishings and equipment.

• Hot tubs and associated leisure equipment.

• Established trading name and branding.

• Website and relevant online presence.

• Business goodwill and established operating arrangements.

• Relevant forward bookings, subject to agreement and applicable booking terms.

The precise contents, transfer arrangements and purchase price of the business package will be agreed separately between the parties.

Prospective purchasers are encouraged to undertake their own due diligence in respect of the property, its existing configuration, operational arrangements and any requirements associated with their intended ownership or continued use.

VIEWING

An unusual opportunity to acquire a substantial Freehold period property with an established two-apartment holiday-let arrangement in a highly convenient Chester location.

Whether acquired as a freehold investment in its own right or alongside the established turnkey accommodation business, 31 Bold Square offers a distinctive proposition combining historic character, generous accommodation and desirable guest facilities.

Viewing is strictly by appointment through Fifty North West.

Bedroom One

3.66m x 3.35m

Dining Room

3.66m x 3.56m

Living Room

4.06m x 3.56m

Kitchen

7.65m x 2.79m

Bedroom Two

4.32m x 2.46m

Bedroom Three

3.61m x 3.02m

Bedroom One

3.56m x 3.35m

Bedroom Two

3.51m x 3.35m

Bedroom Three

4.01m x 2.84m

Shower Room

2.54m x 1.85m

Living Room

5.26m x 3.56m

Kitchen

3.71m x 3.35m