Summary - Flat A, 23 Chapel Street PR7 1BN
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime location on Chapel Street, Chorley Town Centre
- Close proximity to Chorley's Indoor Market and weekly Chorley Market
- Ample public parking options nearby
- Flexible E-Class usage for various commercial applications
- Option for a new lease under Tenant's Full Repairing and Insuring terms, minimum 3-year lease
- Demand driven area with significant foot traffic
**Potential Concerns:**
- Requires renovation to maximize appeal
- The building lacks insulation, which may impact energy efficiency
- High crime area, though foot traffic can mitigate this for businesses
**Summary:**
This two-storey retail property, prominently located on bustling Chapel Street in the heart of Chorley, presents a remarkable investment opportunity for entrepreneurs looking to thrive in a vibrant commercial environment. Boasting 980 square feet of versatile retail space, it benefits from high visibility with a wide glass shopfront that invites foot traffic from the neighboring Indoor Market and ongoing weekly markets. The ground floor offers spacious display opportunities while the upper level provides essential storage and office facilities.
Though the property does require renovation and improvement for optimal use, it comes with a new tenant lease option at £12,950 per annum, ensuring affordability in a highly sought-after location surrounded by various retail businesses, cafes, and entertainment spots. Investors will appreciate the property’s potential to adapt to various commercial applications, making it an attractive prospect in a lively, community-focused area. With future grants potentially available from Chorley Council, this rare opportunity won't last long. Envision building your business where the community gathers, while enjoying the convenience of nearby transportation links to bus and train stations.
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