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For Sale£120,000.00
OR
For Rent£11,000.00 Per Annum

To Let (May Sell) - Restaurant Premises - 109 Market Street, Chorley

Office, General Retail, Retail - High Street, Restaurant/Cafes, Offices, Retail , 1405 Sq Ft
Property type: Office, General Retail, Retail - High Street, Restaurant/Cafes, Offices, Retail
Tenure: To Let, For Sale Freehold
Size: 1405 Sq Ft
Price: £120,000.00
Rent: £11,000.00 Per Annum
Location: 109 Market Street, Chorley, PR7 2SQ
Location
The premises are situated in a prominent position fronting Market Street close to its junction with Anderton Street within Chorley Town Centre. The vicinity comprises a range of both national and independent retailers and has benefited from redevelopment within the locality in recent years. Occupiers in the immediate
vicinity include Flame Hair & Beauty, Pizza Hut Delivery, Betsid, Sue Ryder, Zorba Take-away and Cohens Chemist.

Description
The premises comprise a two-storey mid terraced building of conventional brickwork construction beneath a slate roof covering.

Internally the predominantly open plan accommodation is provided over ground and first floors together with a bar, kitchen and preparation area to the rear of the ground floor.
Male and female customer WC facilities and an ancillary store/office are provided to the rear of
the first floor. Additional storage is available in a separate building to the rear.

We understand that the previous occupier traded the premises as a Cantonese restaurant serving approximately 74 covers over ground and first floors.

Accommodation
The accommodation extends to the following approximate Net Internal Areas (NIA):-
m² ft²
Ground Floor
Restaurant and bar 59.86 644
Kitchen and preparation areas 23.92 257
First Floor
Restaurant and store/office 46.78 504
Total 130.56 1,405
External store (gross internal
area)
20.41 219.7

Services
We understand that the property is connected to mains electricity, gas, water and drainage facilities.

Rating Assessment
The premises currently have a Rateable Value of £12,000 albeit the assessment included within the Draft Rating List to take effect on the 1 April 2017 is reduced to £10,750.

Interested parties are recommended to their own enquiries with Chorley Borough Council, telephone: 01257 515151.

Planning
The premises presently benefit from planning consent for use as a restaurant under Class A3 (Restaurants and Cafés) of the Use Classes Order 1987 (as amended).
Interested parties are recommended to make their own enquiries of Chorley Borough Council, telephone: 01257 515221.

Tenure
Freehold.

Asking Rental/Price
The premises are available by way of a new full repairing and insuring lease for a term of years to be agreed at an asking rental of £11,000 per annum exclusive.
Alternatively we are seeking offers for the freehold interest in the region of £120,000.

Photographs and Plans
Any photographs and indicative plans incorporated in these particulars are provided for identification purposes only and should not be relied upon.
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