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Yarrow Mill Business Centre, Yarrow Road, Chorley, PR6 0LP

Offers in Excess of
£3,000,000

£38.91 per sq ft

Business rates & charges may apply

Turner Westwell Commercial Agents, Chorley
SIZE AVAILABLE

77,100 sq ft

7,163 sq m

SECTOR

Industrial park for sale

Key features

  • Multi-let single storey former textile mill
  • Income producing, let to 15 tenants, providing workshop, warehouse and office space
  • Direct access from Yarrow Road to the A6 (Southport Road/Wigan Road) situated on the fringes of Chorley Town Centre
  • Well positioned for access to Preston, Manchester and Liverpool
  • Potential for future redevelopment - subject to planning
  • Approximately 2 miles from Junction 8 of the M61, with connections to the M6 and M65
  • Total site area of 3.414 acres (1.382 hectares) Attractive opportunity for investors/investor developers
  • Fully let, producing a gross rent of approx. £316,500 per annum (rising to approx.£321,500 per annum in June 2027)
  • Held Freehold under Title Number LA908204 Offers in Excess of £3,000,000 exclusive

Description

Yarrow Business Centre comprises a substantial former textile mill of traditional slate north-light roof construction extending to approximately 77,100 sq ft (7,163 sq m). Predominantly single-storey, with a part two-storey section, the property has been sub-divided to provide a range of workshop, warehouse, storage and office accommodation occupied by a variety of local businesses.

The property occupies a site extending to approximately 3.414 acres (1.382 hectares) and benefits from extensive communal concrete-surfaced parking, circulation and loading areas.

The asset provides a well-established multi-let investment with a diverse occupational profile and opportunities for future asset management and income growth. Given the scale of the site and its established commercial use, the property is expected to appeal to investors, owner-occupiers and developer-investors alike. Furthermore, the site may offer longer-term redevelopment potential, subject to planning and all necessary statutory consents.

Overall, the property represents an opportunity to acquire a substantial income-producing commercial asset with future value enhancement potential.

Brochures

Yarrow Mill Business Centre, Yarrow Road, Chorley, PR6 0LP

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chorley Station0.6 miles
  • Adlington (Lancs.) Station2.4 miles
  • Buckshaw Parkway2.6 miles

About Turner Westwell Commercial Agents, Chorley

St. Georges House, St. Georges Street, Chorley, PR7 2AA

Turner Westwell Commercial are a highly qualified Firm of General Practice Chartered Surveyors who have the highest level of accreditation in property via Royal Institution of Chartered Surveyors (RICS).

We aim to provide and deliver a premium service to our clients, at all levels. We aim to give our clients the advice they desire in order to manage and add value to their property assets.

We have over 30 years? combined experience in commercial property, delivering advice to clients at all levels, that meet the exacting standards expected by the RICS.

WE OFFER ADVICE IN FOLLOWING AREAS:

General Agency ? Sales and Lettings

Valuations ? Redbook Valuations, Pension Valuations, Probate Valuations and General Accounts Valuations

Acquisition ? Leasing and purchasing advice of property including the preparation of condition schedules to limit repair liability

Development ? Commercial, (Industrial, Office and Retail) Mixed use schemes and Residential

Rent Reviews and Lease Renewals

Property Investment Advice

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 2386FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Turner Westwell Commercial Agents, Chorley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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