Commercial Property Chartered Surveyors and Valuers

Blackburn Office01254 699 030

Chorley Office01257 204 900

Refine Search

37 Chapel Street, Chorley, PR7 1BU

Full Details

Price: £150,000

Rental: £12,500 per annum

Location

The premises are located towards the top of Chapel Street at its junction with Church Street ( opposite the Crown Public House) in an established pedestrianised retail location in the centre of Chorley Town Centre.

Description

The premises comprise a mid terraced brick built retail premises with pitched slate roof above supported on timber roof trusses. The premises have an attractive timber framed retail frontage leading into an open retail area which includes laminate timber boarded floors and recessed spot lighting. The rear retail area has two stepped access and is open to the main retail area. In addition there is storage, kitchenette and toilet facilities. The first floor is accessed via a timber staircase, leading into a large storage area which is currently partitioned into two areas together with a kitchen. Loading is available from the rear.

Accommodation

We have calculated the net internal floor area to be as follows :

.

Ground Floor Front Retail Area 438 sq.ft
  Rear Retail Area 87 sq.ft
  Stores/kitchenette 131 sq.ft
First Floor Stores 514 sq.ft

Services

All mains services are connected to the property. A new gas boiler has recently been installed.

Rating

From the Valuation Office Agency rating list, as published on the internet, we are advised that the property is assessed at rateable value £12,750. Rates payable 2017/18 £1,485 pa

Lease Terms

The premises are available by way of a minimum 5 year lease with the ingoing tenant to occupy on full repairing and insuring terms and to be responsible for the usual occupier's costs, to include business and water rates,gas and electricity.

VAT

No VAT will be charged on either the purchase price or the rental

Existing Tenant

The current tenant, Chocobella, is due to vacate in July 2018. However, early occupation may be available if a suitable tenants/purchaser can be identified

Price

£150,000

Rental

£12,500 per annum

Viewing

Strictly through agents Taylor Weaver (Alex Taylor) 01257 204900