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

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 Sales 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 C0982 - 246 - 248 Spendmore Lane, Coppull, PR7 5DE


PRICE
£265,000

Investment Opportunity

Tenanted ground floor shop

Tenanted first floor flat

Planning Permission for conversion of part ground floor and first floor to create three one bedroom flats

 

Description

Property investment to include a tenanted ground floor retail shop and ground floor one bedroom flat with Planning Permission to create three additional one bedroom flats on part ground and the whole of the first floor. 

Planning Permission was granted under Application No. 20/00981/FUL in December 2020 with the design layout below.  

See Sales Brochure PDF Plan

Location 

Situated within the village of Coppull on a prominent roadside location with rear access. 

Accommodation

246 Spendmore Lane 

Occupied as a Barbers Shop at a rental of £4,100 per annum under a Law Society Business Lease (Part of Building) for a term of 3 years expiring 28th February 2022. 

The remaining ground floor area and first floor flat has Planning Permission to create three self-contained one bedroom flats.

248 Spendmore Lane 

Occupied on an Assured Shorthold Tenancy at a rental of £450 pcm. 

The remaining ground floor area and first floor flat has Planning Permission to create three self-contained one bedroom flats.

Energy Rating 

We understand an Energy Performance Certificate has been commissioned and will be available upon request. 

VAT

Not applicable. 

Assessment

It is understood that 248 Spendmore Lane has a Rateable Value of £4,700 and therefore should qualify for Small Business Rates Relief with the existing flat within Band A for Council Tax purposes. 

Services

We understand that electricity and water supplies are laid on with drainage to the main sewer. Each existing property has a separate electricity meter installed. 

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.