- Single Let Town Centre Industrial Investment
- 10 year FRI lease from October 2021
- Producing £18,500 per annum
- Close to Junction 8 of the M61
- 4,111 sq ft
The property is ideally located within walking distance of Chorley town centre and also 2 miles from Junction 8 of the M61 motorway.
The surrounding area is a mix of commercial and residential property, with nearby occupiers including KFC, Subway and Wickes
Chorley Train and Bus Stations are just a short walk from the premises.
The property comprises an industrial unit of brick construction under a pitched tiled roof.
A small warehouse has been newly constructed to the rear. It is of steel portal frame construction with insulated clad walls and to the roof which incorporates clear roof panels.
The office accommodation on the first floor benefits from suspended ceiling incorporating LED lighting, carpet floor, gas fire central heating and a glass partition wall creating smaller private offices.
The accommodation has been measured on a Gross Internal Area.
|Size (sq.metres)||Size (sq.ft)|
Offers over £340,000 +VAT
From the Valuation Office rating list, as published on the internet, we are advised that the property has a rateable value of £7,400
Eligible businesses will be able to claim small business rate relief. Full details on request.
An EPC is available on request
The property has permission for use under B2 / B8 of the Town and Country Use Classes Order, as amended 2020.
Each party to be responsible for their own legal costs involved in the transaction.
It is understood that all mains services are available to the property
Money Laundering Regulations
Please note we are now required to carry out customer due diligence on all purchasers once an offer is accepted, whereby we are required to obtain proof of identity and proof of address of the prospective purchaser
The property will be sold with the benefit of a lease to B.V.S. Ltd. (03026598). They occupy on a 10 year full repairing lease (no breaks) from October 2021 at the passing rent of £18,500 pa + VAT (£4.50 psf) The Lease is granted within Landlord and Tenant 1954 Act.
The lease is subject to upward only rent reviews on every third anniversary of the lease commencement date. Copy of the lease available on request.
Strictly through agents