Summary - Capitol Walk, High Street, Congleton, Cheshire, CW12 CW12 1WB
24 bed 10 bath Retail Property (Shopping Centre)
Freehold 24-unit leisure arcade with strong concept and reinstatement upside..
- 24 units across a Victorian-style covered arcade
- Freehold retail/leisure centre with conference and office space
- Historic rent roll circa £150,000 pa (when fully let)
- Multiple revenue streams: rent, events, sponsorship, corporate bookings
- Temporarily closed for fire-regulation compliance; requires capital works
- Located in a deprived local area; discretionary spend may be limited
- Sold at auction — buyer to manage reinstatement and re-letting
- Fast broadband, excellent mobile signal, low flood risk and crime
Capital Walk is a 24-unit freehold retail and leisure arcade in central Congleton, reconfigured as a global food, drink and events destination. The property combines a Victorian arcade aesthetic — high ceilings, brick façades and an attractive covered alley — with flexible unit layouts, corporate conference space and established experiential branding.
Historically the scheme achieved a circa £150,000 pa rent roll (2023 when fully let) plus reported turnover rent upside, and attracted strong social media interest and high footfall during operations. The site benefits from fast broadband, excellent mobile signal, low local crime and prominent High Street visibility, making it well-suited to an operator or investor seeking a leisure-led asset with multiple income streams (rental, events, sponsorship, corporate bookings).
Important drawbacks are factual and material: the venue temporarily closed for fire-regulation compliance and will require capital expenditure and certification to re-open. The local area scores as deprived with “ageing urban communities” classification and mixed local school Ofsted ratings; this may constrain discretionary spend patterns. The property will be sold at auction and is likely to suit a buyer prepared to invest in reinstatement, ongoing maintenance of historic fabric, and active marketing to restore trading levels.
This is an operator/investor opportunity rather than a turnkey leisure business. With the groundwork, layout and concept in place, a focused reopening plan and compliance investment could realise significant upside, particularly through events programming, sponsorship and a renewed tenant mix targeting dining, leisure and corporate hire.
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