Chartered Surveyors, Property Consultants, Valuers & Estate Agents Peter E Gilkes & Company

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 Sales and Rental Brochure


Peter E Gilkes & Company

44 Market Street
Chorley
Lancashire
PR7 2SE

T 01257 266999
F 01257 264256

E Office/Enquiries

www.peteregilkes.co.uk

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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.