Summary - 62, CHAPEL STREET PR7 1BS
1 bed 2 bath Retail Property (high street)
**Standout Features:**
- Prominent ground floor retail space (37.5 sq m) in a busy town center location.
- Separate first-floor flat with rental potential (currently let at £450/month).
- Basement storage space (13.4 sq m).
- Close proximity to the bus station and high foot traffic areas.
- Freehold tenure with no chain, making for a quick transaction.
**Concerns:**
- Property needs renovation.
- Located in a high-crime area.
- Market classified as constrained renters with high deprivation levels.
Nestled in the vibrant heart of Chorley Town Center, this mixed-use property features a prominent ground floor retail space that promises excellent visibility opposite the bus station. With a compact basement for storage and a separately accessed first-floor apartment, it’s an ideal investment opportunity for those looking to operate a business while generating rental income from the residential unit. The flat offers comfortable living space with a modern kitchen/living area, a cozy bedroom, and a bathroom with a corner bath.
While the property presents an exciting opportunity for customization and renewal, it requires renovation—creating a blank canvas for your vision. The location benefits from easy access to public transportation and numerous local amenities, perfect for foot traffic-driven businesses, making this a dual-purpose gem for savvy investors or entrepreneurs. Please note the surrounding area may present challenges due to its high crime rate and classification, which could affect long-term investment returns. Don’t miss out on this rare offering; properties in such a prime location are hot commodities!
High street retail property for sale in 5 Chapel Street, Chorley, PR7 1BN, PR7 — £145,000 • 1 bed • 1 bath • 980 ft²
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High street retail property for sale in Clifford Street, Chorley, Lancashire, PR7 — £130,000 • 1 bed • 1 bath • 1617 ft²
Commercial property for sale in Market Street, Chorley, Lancashire, PR7 — £460,000 • 3 bed • 1 bath • 4499 ft²
High street retail property for sale in Eaves Lane, Chorley, Lancashire, PR6 — £165,000 • 1 bed • 1 bath • 1835 ft²
High street retail property for sale in Chapel Street, Chorley, Lancashire, PR7 — £80,000 • 1 bed • 1 bath • 1178 ft²
