Double-fronted shop with two one‑bed flats — immediate income and refurbishment upside.
Double‑fronted Victorian shop on a busy arterial road
A double-fronted Victorian retail unit with two one‑bed flats above, set on a busy arterial road in Chorley. The ground floor was a former butcher’s with wipe‑down tiled walls, non‑slip flooring and a large display window — ideal for continued food retail, convenience or community-facing trade. The first floor provides two separate one‑bed flats that are let on legacy tenancy terms, providing immediate rental income.
The property sits within a densely populated neighbourhood shopping parade with frequent bus services nearby and on‑street parking. The sales area is medium in size with rear stores, preparation rooms and a small yard. The shop interior will need basic refurbishment — new flooring and finishings — to suit many occupiers. Services are in place but untested; buyers should survey electrical, heating and plumbing systems before purchase.
Income potential and location are the main attractions: two flats already producing rent and a visible retail unit on a prominent main road. Drawbacks include the unknown tenure, the aged shop fit-out requiring work, limited external amenity (no garden), on‑street parking only, and potential VAT liability. Prospective purchasers should verify business rates relief eligibility and confirm EPC and service conditions.
This is a practical investment for a buyer seeking a town‑centre mixed‑use asset with occupier flexibility and short‑term refurbishment upside. Consider opportunities to update the shopfront and interiors to increase rental value or convert layout subject to consents.