Commercial Development for sale

Standish Street Mill/Vyking Mill, Standish Street, Chorley, Lancashire, PR7

Under Offer £600,000
51,250 sq. ft.

Property Description

Commercial information

  • 51,250 sq ft (4,761 sq m)

Key features

  • Five-storey former textile mill and warehouse
  • Central location with extensive road frontage
  • Re-development potential with lucrative units
  • Site area 0.4 hectares (1 acre) or thereabouts

Full description

Description:
The premises are an early 19th Century five-storey Spinning Mill and adjacent single-storey warehouse/mill building occupying a central location close to the Town Centre and surrounded by prestigious neighbouring occupiers including Evans Halshaw (Ford Motor Distributors), Wilson & Co (Vauxhall Motor Distributors), Kwik Fit and on Chorley Retail Park to the rear, Wickes, Dominoes Pizza, Subway and KFC.

The site is approximately 0.4 hectares (1 acre) with extensive road frontage of some 102 meters (111 yards) and is ideally suited for re-development with small workshop/warehouse units which command lucrative premium prices and rentals, and for which there is a strong unsatisfied demand.

In the 18 months up to September 2017 Chorley Council's Economic Development Department received 27 enquires for units up to 1500sq.ft and 23 enquiries for properties of 1500sq.ft to 4000sq.ft.

Location:
Proceeding south out of Chorley on Market Street which becomes Bolton Street, Standish Street is on the left opposite Asda Supermarket.

Accommodation:
The accommodation at present is provided over five floors in Standish Street Mill and on the ground floor of Vyking Mill with extensive total floor area of over 4,750sq.m (51,250sq.ft).

Planning:
Pre-Application Advice has been provided by Chorley Borough Council dated 21st December 2017 confirming site is presumed to be suitable for sustainable development and that the scheme as illustrated and submitted with the enquiry for small workshop/warehouse units would be acceptable.

The scheme as submitted shows a total of 1802sq.m (19400sq.ft) in 12 units but which could be subdivided to provide 22 units. Additional space could also be created should mezzanine space be created at first floor level.

Parking is provided within the scheme and the advice suggests that some relaxation on standard parking provision could be negotiated due to the central and sustainable location and the site being within easy walking distance of transport interchange.

CIL:
It is expected the current floor area can be used to offset CIL (Community Infrastructure Levy).

Tenure:
It is understand the site is Freehold and free from Chief Rent.

Assessment:
The premises are currently assessed as factory and premises to a rateable value of 36,500 per annum.

Services:
Mains gas, electricity and water supplies are laid on and the drains are believed to connect into the mains sewer.

Tele-
Communication:
At present the site supports telecommunication operators' apparatus which the Vendor will arrange to be re-sited.

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



More information from this agent

Nearest stations

  • Chorley (0.3 mi)
  • Buckshaw Parkway Station (2.1 mi)
  • Euxton Balshaw Lane (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Peter E Gilkes & Company, Chorley

44 Market Street, Chorley, PR7 2SE

01257 547050 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Chorley (0.3 mi)
  • Buckshaw Parkway Station (2.1 mi)
  • Euxton Balshaw Lane (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Peter E Gilkes & Company, Chorley

44 Market Street, Chorley, PR7 2SE

01257 547050 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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