20 Chapel Brow, Leyland PR25 3NE, UK
For Sale £500,000 - Investment, Showroom
8055 sq ft

FOR SALE
20-22 Chapel Brow
LEYLAND
PR25 3NE

8,055 sq ft (748 sqm) Over 3 Floors
Large Detached Property Situated in the Centre of Leyland
Income from Telephone Mast
Situated adjacent to Churchill Retail Park, where occupiers include McDonalds, B&M, Lidl, Dominos and Poundstretcher
Potential for Conversion of Upper Floors to Residential Use – Subject to Planning

PRICE REDUCTION

LOCATION
The premises are situated on Chapel Brow in the centre of Leyland adjacent to the Churchill Retail Park and only a short distance from the train station.

DESCRIPTION
The property comprises a substantial, detached, three-storey property of brick construction, under a pitch slate roof. At the rear there is a single-storey extension. The premises provide the following approximate gross internal floor areas:
Ground Floor Showroom                  2,315 sq ft             (215 sqm)
Ground Floor Store                            1,110 sq ft             (103 sqm)
First Floor Showroom                       2,315 sq ft             (213 sqm)
Second Floor                                      2,315 sq ft             (213 sqm)
All measurements have been made in accordance with the RICS Code of Measuring Practice.

TENURE
The property is freehold.

RATING ASSESSMENT
The property is entered into the Rating List at Rateable Value £26,250.

TENANCY
There is currently a telephone mast agreement in place with AP Wireless and runs from April 2016 to April 2066. The rent received is £6,999.68 pa plus VAT.

SERVICES
We are advised the property is connected to all mains services.

EPC
An Energy Performance Certificate will be available in due course.

VAT
All rents and prices quoted are or may be subject to the addition of VAT at the prevailing rate.

ANTI-MONEY LAUNDERING REGULATIONS
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. 

PRICE
Offers in excess of £500,000.

LEGAL COSTS
Each party are to be responsible for their own legal costs incurred in the transaction.

Property Map