FOR SALE C1129 - 5 Chapel Street, Chorley, PR7 1BN
PRICE
SALE: £140,000
RENT: £12,000 pa
UNDER OFFER
Prominent Town Centre retail unit
Ground Floor 52.9 sq m (569 sq ft)
First Floor 35.6 sq m
(383 sq ft) NIA
Former Greggs unit
Description
Situated on a busy footfall area within Chorley Town Centre the property could be suitable for a variety of retailing purposes.
Nearby occupiers include CEX, Clarks Shoes, Johnsons the Cleaners and Specsavers.
Location
Proceeding along Chapel Street from the junction of Market Street the property is 30m approximately on the left hand side.
Accommodation
(all sizes are approx)
Ground Floor
Sales Area
4.9 m x 8.35 m (16' x 27'3).
Rear Sales/Stores
3 m x 4 m (9'8 x 13'1)
with stainless steel double sink and sluice sink.
First Floor
Front Staffroom
5 m x 2.9 m (16'4 x 8'5).
Managers Office
1.8 m x 3.7 m (5'9 x 12'1).
General Storage
2.7 m x 5.4 m (8'8 x 17'7).
Outside
Secure rear yard suitable for storage
Lease Terms
Rent
£12,000 per annum exclusive with the first three months payable on completion and quarterly thereafter.
Term
Three or five years.
Rent Review
On the third anniversary.
Use
Class E including retail, restaurant, office, financial/professional services and medical use.
Repairs
Full repairing responsibility upon Tenant.
VAT
Payable at the appropriate rate.
Legal Costs
Each party to bear their own legal expenses.
Insurance
Landlord to insure with the Tenant responsible for reimbursement of the premium.
Assessment
According to the Valuation Office website the property is described as 'Shop and Premises' with a Rateable Value of £10,250 with effect from 1st April 2023. All interested parties should make their own enquiries with Chorley Borough Council to ascertain eligibility for Small Business Rates Relief or grant assistance on .
Price
£140,000 (One Hundred and Fourty Thousand Pounds) plus VAT
Services
Three phase electricity (100 amp supply) and water supplies are laid on with drainage to main sewer.
Energy Rating
The property has an Energy Performance Rating within Band E which is valid until 20th August 2027.
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.