Grosvenor Shopping Centre

Chester's Grosvenor Shopping Centre has been sold to a property firm.

Irish family-owned Martin Property Group has acquired the freehold interest in the 211,845sq ft Grosvenor Shopping Centre from Grosvenor Eaton Estate, for an undisclosed sum.

The shopping centre, which has entrances on Eastgate Street, Bridge Street, Pepper Street and Newgate Street, was developed by Grosvenor in the 1960s. Grosvenor granted a 150-year head lease of the centre in 1996, which remains in place and is currently vested with the receivers of HIG Chester Property Sarl.

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