Chapel Street, Chorley, Lancashire, PR7

Location
The property is situated on the pedestrianised section of Chapel Street in the centre of Chorley surrounded by a number of local, regional and national retailers.

Chorley town centre has undergone significant regeneration in the last few years with construction of a new retail extension housing Marks and Spencer, Sports Direct and Reel Cinemas. In addition the centre has seen an influx of leisure and restaurant uses.

Description
The property comprises a two-storey retail premises until recently occupied by Quality Save.

It is of brick built construction under a pitched slate roof.

The ground floor provides predominantly open plan retail accommodation with ancillary storage to the rear and the first floor providing additional storage, w/c facilities, canteen and managers office. There is a goods lift between the two floors.

Accommodation
We have calculated the floor areas to be as follows:

Gross Frontage 31 feet
Net Frontage 25 feet
Internal Width (Front) 30 feet
Shop Depth 84 feet
Ground Floor Total 2,314 sq.ft

First Floor Ancillary 1,827 sq.ft
Total 4,141 sq.ft
The property is either available to purchase or lease

Price
Reduced to offer in the region of £425,000 plus VAT

Tenure
Understood to be freehold.

Rental
Reduced to £37,500 per annum plus VAT

Lease Terms
The property is available by way of a new lease for a minimum period of 5 years on full repairing and insuring terms.

Deposit
In respect of the leasehold transaction a deposit will be required. Further details are available on request.

Legal Costs
In respect of the leasehold transaction the ingoing tenant will be responsible for the landlords reasonable legal costs.

Rating
The property has a current rateable value of £28,500 with rates payable expected to be in the region of £14,250.

EPC
The property has an EPC rating of C(51). See link

VAT
VAT may be charged at the prevailing rate on figures in these particulars.

Availability
The property is available for immediate occupation.

Services
With the exception of gas all mains services are available to the property.

Planning
The property has been used as a retail shop for a number of years and therefore it is understood that most retail uses will be considered by the planners.

It is recommended that interested parties contact Chorley Borough Council to discuss their proposed use in greater detail.

Viewing
Strictly via agents
Taylor Weaver
Neil Weaver MRICS
Telephone:

or

Staincliffe Jones Commercial Property Consultants
David Jones
Mob: