Market Street, Chorley, Lancashire, PR7

Description:
Multi-let town centre investment providing retail, offices and residential accommodation.

All tenancies have separate entrances from the front, side and rear elevations.

Location:
Proceeding along Market Street towards Asda the building is located at the junction with Cunliffe Street, with two of the flats having access from George Street.

Accommodation:
(all sizes are approx)

Address Floor Area Tenancy Information
Ground Floor & Basement Ground Floor Let at £17,000 per annum
129 Market Street, Chorley 153 sq m (1,652 sq ft) NIA. exclusive with effect from
Basement Storage 53.4 sq m August 2022 for a term of
(574 sq ft). six years with a rent review
and Tenant only break clause
on the 3rd anniversary.

Flat 1, George Street 45 sq m (484 sq ft). Occupied under an Assured
Shorthold Tenancy at £5,100
per annum exclusive.

Flat 2, George Street 37 sq m (400 sq ft). Occupied under an Assured
Shorthold Tenancy at £5,100
per annum exclusive.

First Floor Office 1 11.5 sq m (123 sq ft). Occupied under a Licence
Agreement at £2,076 per
annum inclusive of heating
and electricity.

First Floor Office 2 11.3 sq m (121 sq ft). Available To Let.

First Floor Office 3 41.3 sq m (445 sq ft). Occupied under a Licence
Agreement at a rental of
£5,100 per annum inclusive of
heating and electricity.

Second Floor 1
bedroom flat 65 sq m (700 sq ft). Occupied under an Assured
plus bathroom. Shorthold Tenancy at a rental of
£5,940 per annum exclusive.

Window Room facing To be confirmed Available To Let at £2000 per
Cunliffe Street annum.


Price:
£460,000 (Four Hundred and Sixty Thousand Pounds).

VAT:
VAT is not payable.

Assessment:
According to the Valuation Office Agency's website the building has the following Rateable Values.

129 Market Street is described as 'Shop and Premises' with a Rateable Value of £13,750.

Office 1, First Floor 129 Market Street, Chorley is described as 'Offices and Premises' with a Rateable Value of £3,850.

Office 2, First Floor 129 Market Street, Chorley is described as 'Offices and Premises' with a Rateable Value of £1,725.

Office 3, First Floor 129 Market Street, Chorley is described as 'Offices and Premises' with a Rateable Value of £1,700.

It is understood that the three flats are within Band A for Council Tax purposes.

All interested parties should make their own enquiries with Chorley Borough Council's Business Rates Department and Council Tax Department to confirm the above as being correct on

Services:
Other than the three first floor offices the accommodation has split services for gas, electricity and water. Drainage is to the main sewer.

Energy Rating:
129 Market Street, Chorley has an Energy Rating within Band B valid until the 9th February 2032.

129a market Street, Chorley has an Energy Rating within Band E valid until 5th April 2033.

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.