Fellery Street, Chorley, Lancashire, PR7
- SIZE AVAILABLE
4,500-16,596 sq ft
418-1,542 sq m
- SECTOR
Warehouse for sale
- USE CLASSUse class orders: Class E
E
Key features
- Close to motorway connection
- Brilliant town centre location
- Property development opportunity
- Rental investment income
- Brilliant development opportunity more rental income
Description
An exceptional investment and development opportunity in the heart of Chorley Town Centre. This prominent commercial property boasts a brilliant location offering immediate rental income and significant potential for residential conversion (subject to planning) to develop 8 apartments on the 1st floor an amazing opportunity to not only boost you rental income but add to your portfolio!
Key Features:
* Prime Town Centre Location - high visibility and excellent accessibility.
* Existing Rental Income: The ground floor commercial unit is currently let, generating a steady rental income of £55,800 per annum.
* Development Potential: Subject to planning consent, there is a fantastic opportunity to convert the upper floors into eight high-quality apartments, tapping into the growing demand for town centre living.
* Mixed-Use Investment: Retain the commercial unit for consistent income while developing premium residential units above 8 apartments above brilliant opportunity
Investment Highlights:
* Immediate income stream from established commercial tenancy.
* Long-term capital uplift potential through residential development.
* Located in one of Chorley's most sought-after commercial zones.
* Rare opportunity to acquire a dual-income property with development upside.
Fellery Street, Chorley, Lancashire, PR7
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chorley Station0.2 miles
- Buckshaw Parkway1.8 miles
- Euxton Balshaw Lane Station2.1 miles
Notes
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