FOR SALE C0939 - 8 Chapel Street, Chorley, PR7 1BW

Description

Traditional Town Centre two storey property providing a ground floor retail area situated in a prominent location.

The first floor provides a front storeroom, staffroom and connecting bathroom including WC, hand basin and electric shower.

Location

The property is situated at the bottom of Chapel Street within Chorley Town Centre.

Accommodation

(all sizes are approx)

Ground Floor

Sales Area 40.6 sq m (437 sq ft). 

First Floor

Front Store Room 20.5 sq m (220 sq ft).

Staffroom 8.9 sq m (95 sq ft).

Rear Bathroom including electric shower cubicle, sink and WC.

Lease Terms

Rent

£12,000 pa exclusive with the first three months payable on completion. 

Term
Six years.

Use
Retail (A1).

Repairs
Full repairing responsibility upon Tenant.

Rent Review
On the third anniversary.

VAT
VAT is not payable.

Legal Costs
In going to be responsible for the Landlord’s reasonable Legal Costs incurred with the transaction.

Rates
Tenant’s responsibility.

Outgoings
Tenant’s responsibility.

Insurance
Landlord to insure the building with the Tenant responsible for payment of the premium as additional rent.

Price

£145,000 (One Hundred and Forty Five Thousand Pounds) for the Freehold.

Assessment

According to the Valuation Office website the premises are described as ‘Shop and Premises’ with a Rateable Value of £11,000.

Small Business Rates Relief maybe available to qualifying businesses and all interested parties should make their own enquiries with Chorley Borough Council on 01257 515151 and also to ascertain their eligibility for Grant Assistance.

Services

Mains electricity and water supplies are laid on with drainage to main sewer.

To View

Strictly by appointment with Peter E Gilkes & Company and with whom all negotiations should be conducted.

Energy Rating

We understand an Energy Performance Certificate has a current rating within Band D.

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.