Chapel Street, Chorley, Lancashire, PR7

Description:
Prominent town centre retail unit situated within an established pedestrianised retail location with neighbouring occupiers being Quality Save, Greenhalghs Specsavers, Nobles Amusements, Hays Travel and Clarks Shoes.

Location:
Proceed onto Chapel Street where the property is approximately midway.

Accommodation:
Ground Floor
(all sizes are approx)
Sales Area 4.75m x 8.2m plus 3m x 6.1m (15'5 x 26'9 plus 9'8 x 20')

First Floor
Storeroom 4.6m x 6.1m (15' x 20')

Staffroom/Kitchen 1.55m x 2.4m
(5' x 7'8).

Outside:
Direct access onto rear alleyway.

For Sale: £200,000 (Two Hundred Thousand Pounds).

Lease Terms:

Rent:
£16,500 per annum exclusive with the first three months rent payable on completion and monthly in advance thereafter.

Term:
Three years or multiples thereof.

Use: Retail,
café/restaurant, office (Class E).

Repairs:
Tenant's responsibility.

Rates:
Tenant's responsibility.

Outgoings:
Tenant's responsibility.

Insurance:
Landlord to insure with Tenant responsible for payment of premium.

VAT: Maybe payable at the appropriate rate.

Legal Costs:
Each party to bear their own legal expenses.

Assessment:
According to the Valuation Office website the property is described as 'Shop and Premises' with a Rateable Value of £11,750 per annum with effect from April 2023. All interested parties should make their own enquiries with Chorley Borough Council's Business Rates Department to ascertain eligibility for Business Rates Relief and Grant Assistance on .

Services:
Electricity and water supplies are laid on with drainage to main sewer.

Energy Rating:
The building has an Energy Performance Asset Rating within Band D.

To View:
Strictly by appointment with Peter E Gilkes & Company and with whom all negotiations should be conducted.

Note:
All services throughout the property are untested. Interested parties must satisfy themselves as to the condition of the central heating system, fitted fires, and other appliances and fittings where applicable.