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THIS PROPERTY IS NO LONGER AVAILABLE

2 bed Mixed Use Commercial For Auction
Bolton Street 65 - 67, Chorley, Lancashire, PR7

£137,000
Starting Bid
  • Property at Bolton Street 65 - 67, Chorley, Lancashire
  • Property at Bolton Street 65 - 67, Chorley, Lancashire
  • Property at Bolton Street 65 - 67, Chorley, Lancashire
  • Property at Bolton Street 65 - 67, Chorley, Lancashire
  • Property at Bolton Street 65 - 67, Chorley, Lancashire

Key Features

  • TO BE SOLD VIA ONLINE AUCTION
  • OPEN TO PRE AUCTION OFFERS
  • TENANTED TOTALLING £1,625PCM - £19.500PA
  • MIXED USE COMMERCIAL INVESTMENT
  • RETAIL UNIT & 2 X 1 BEDROOM APARTMENTS
  • PLEASE NOTE, YOU NEED TO REGISTER TO BID

Full Description

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TO BE SOLD BY ONLINE AUCTION ON 6TH MARCH 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

65-67, Bolton Street, Chorley, PR7 3AG

Are you looking for a property which offers you multiple rental incomes? Look no further than this ideally located property close to Chorley town centre which offers a double shop fronted retail unit currently let until 2028 and two x one-bedroom apartments, each with their own entrances.

The rental incomes for each property total £19,500pa. This will increase to £20,226pa in September 24 and then again to £21.024 in September 26 from the retail units rent increase. Potential to increase the residential units rent each year too.

**Virtual Tour Available**

Close to the bustling town centre of Chorley, situated just a stone's throw from an abundance of shops and amenities. For the little ones, there are a number of well-regarded schools to choose from and a lovely park for the children to play, while the older generations can enjoy ease of travel throughout the North-West, with both the bus and train station within close proximity, as well as the M6 and M61 motorways, ensuring major commercial centres such as Manchester, Preston and Bolton are within easy reach

Here are a handful of similar properties which have sold close by:

George Street Garage, Chorley PR7 2BN - Sold - 06/11/2020 - £195,000

69 Bolton Street Chorley PR7 3AG - Sold - 06/05/2022 - £122,500 (shop with apartment above)

Important Information

  • Council Tax Band: A
  • Tenure: Leasehold
  • Years Remaining on the Lease: 855
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