< Back

Oddfellows Hotel, Lower Bridge Street, Chester

Secure long let commercial ground rent investment (Hotel)

Available

slider nav image
slider nav image
slider nav image
slider nav image
slider nav image
slider nav image
slider nav image

Type: leisure

Floor Area (FT2):

Tenure: For Sale

Floor Area (M2):

Price: Offers in excess of £1,750,000

Contact

Ken Morgan – agent
  • Ken Morgan
Phone Number:
020 7079 1953
email
  • Prime Chester city centre boutique hotel located on Lower Bridge Street, part of the main leisure and retailing heart of the city.
  • Historic and popular tourist destination attracting over eight million visitors a year and contributing over £1.8bn to revenue annually.
  • Let to Oddfellows Chester Limited with 117 years remaining. Current ground rent of £81,433 pa due for review in March 2027 and five yearly thereafter to RPI (Collared at 1% and 4%).

The property comprises an 18-bedroom hotel, the front portion of which is housed in the late 17th century converted grade II* listed former Oddfellows Society Hall. Steps lead up from Lower Bridge Street to the ground floor of the hotel which houses reception, the bar and a function room. Stairs again lead up to the first floor where there are further function rooms, bar and a roof terrace to the rear. The third floor houses bedrooms. A modern extension to the building houses the restaurant and cellars, and back of house areas are located in the basement.

To the rear of the building a new self-contained building of three storeys houses further bedrooms.

Externally the property benefits from a substantial and private courtyard garden. Secondary access to the property is available from Grosvenor Place to the rear.

Please download the PDF for further information.

Details are available on request.