Chester redevelopment opportunity surfaces
Offers in excess of £2.5m are being sought for 77 Northgate, a 27,500 sq ft office block in the city centre.
The building’s owner, housing association Sanctuary Group, has appointed CBRE to market the five-storey property, which could be redeveloped subject to planning approval.
Previously used as a call centre, the building could be converted to accommodate a range of different uses including:
- A 73-bed boutique hotel
- A 96-bed budget hotel
- A supported housing/care development with up to 26 units
- 26 apartments with ground floor commercial unit and roof terrace.
While the building is not listed, it is located next to 73 Northgate, a grade two-listed property.
Also nearby is Cheshire West and Chester Council’s £70m Northgate scheme, a new retail and leisure development, featuring a market hall, cinema, public square and a multi-storey car park.
Shaun Skidmore, senior director at CBRE said: “We are delighted to bring to market this prime development opportunity in the heart of the cathedral city of Chester which offers a wealth of historical and cultural heritage.
“It offers a range of exciting alternative uses for potential investors including hotel, residential, healthcare and retirement. Chester has a contemporary edge with a modern infrastructure, as well as a vibrant economy, an innovative enterprise community and is underdoing significant revival.”