Prime Town Centre Commercial Premises with Residential Conversion Opportunity STPP 2 x 1 Bed Flats & Ground Floor Commercial
Fantastic opportunity to purchase a centrally located shop on Market Street in Chorley Town Centre with scope to create 2 x 1 bed flats on the upper two floors & retain the commercial unit to the ground floor. Potential also exists to develop the rear structure into separate accommodation subject to planning permission.There is also a cellar to the property which may be suitable as a store room or cold room. Ground floor commercial with basement, rear access, rear yard with further two storey building to rear with development potential. First & second floors with residential conversion potential under permitted development into 2 x 1 bed self-contained flats. The building does require refurbishment throughout. Some works have been commenced including new roof. Legal pack contains submitted plans for the conversion. When converted the expected rent roll will total approx. £22,000 per year.
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating E
Chorley Borough Council
Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.