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30-32 Market Street, Chorley, PR7 2TB

Full Details

Price: Offers in excess of £120,000

Location

The property is prominently situated in the centre of Chorley, close to the Town Hall. Other occupiers in the vicinity include a number of banks, restaurants, public houses and shops. The Flat Iron market site is currently being redeveloped with a retail and leisure regeneration scheme to include a cinema and M & S food.

Description

The property comprises a former bank premises with the accommodation arranged on two levels. The property is currently sub-divided into various office/interview rooms on the ground floor However, could be 'opened up' to provide a large ground floor retail space with ancillary accommodation to the first floor. It has the benefit of air conditioning to the ground floor former banking hall, gas fired central heating to the first floor offices, large retail front to Market Street and suspended ceiling, incorporating recessed lighting. The property would appear to be suitable for most retail uses, although interested parties are recommended to contact the local planning authority to discuss their intended use in greater detail.

Accommodation

We have calculated the net internal area of the property (assuming the ground floor internal walls are removed) to be as follows :

.

Ground Floor Sales Area 121.87 sq.m 1,311 sq.ft
  Store/Safe 12.43 sq.m 133 sq.ft
First Floor Front Office 1 27.25 sq.m 293 sq.ft
  Front Office 2 26.91 sq.m 289 sq.ft
  WC Facilities    
  Kitchen 15.15 sq.m 163 sq.ft
  Store 6.63 sq.m 71 sq.ft

Externally to the rear there is a small yard

Services

It is understood that all mains services are available to the property. The property has the benefit of gas fired central heating and air conditioning (not tested)

Rating

The property has a current rateable value of £24,500. Based on the current Uniform Business Rate of 0.466p and ignoring any transitional relief/benefits, the rates payable are likely to be in the region of £11,417 per annum

EPC

An EPC is available on request

VAT

It is understood that the vendor has not opted to tax its interest in the property and on this basis the sale should be exempt from VAT. In the event it is subsequently confirmed an option to tax was made, VAT at the standard rate will be charged. All sums due under this agreement are exclusive of VAT. In the event VAT is chargeable all VAT payable shall be paid at the same time as the payment on which it is chargeable. The vendor shall simultaneously provide the Buyer with a receipted VAT invoice on receipt of the taxable payment and the VAT relating to it.

Informal Tender

Interested parties are requested to submit their best and final offer by completing the informal tender documentation (see pdf on website) by either email (neil@taylorweaver.co.uk) or in writing to our Blackburn office by 12 noon on Friday 20th October 2017. The completed form should include details of the purchaser, solicitor's information, amount of offer, timescales to complete, proof of funding and any other conditions. The vendor is not obliged to accept the highest or indeed any offer submitted and each proposal will be considered on its own individual merits

Tenure

Understood to be Long leasehold for a period of 999 years at a nominal rent.

Price

Offers in excess of £120,000

Availability

The property is available with the benefit of vacant possession

Planning

The property has been used for a number of years as a bank under Use Class A2 (Financial and Professional Services). Permitted change rules allow a change of use to A1 (where there is a ground floor display window). Interested parties are recommended to contact the planning department at Chorley Borough Council to discuss proposed uses in greater detail.

Viewing

Strictly through agents Taylor Weaver (Neil Weaver) 01257 204900