Chewed up cheap fruit (5)
I believe the answer is:
peach
'fruit' is the definition.
(type of fruit)
'chewed up cheap' is the wordplay.
'chewed up' indicates anagramming the letters.
'cheap' anagrammed gives 'PEACH'.
(Other definitions for peach that I've seen before include "Velvety-skinned fruit" , "Fruit - beauty" , "Furry fruit" , "... and a good-looking one" , "Luscious fruit" .)