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Lot 11 Sold: £140,000

Auction: Thursday 31st October 2024

1–3 Cleveland Street, Chorley, Lancashire PR7 1BH

  • Photo1
  • Photo2

Lot 11

Freehold Vacant Corner Building
6 Week Completion

Situation

Located in the main town shopping area and occupying a corner position at the junction of Cleveland Street and Chapel Street, amongst such multiples as Clarks, Specsavers, William Hill and CEX. In addition, the property is close to the covered market.
Chorley is an attractive market town which lies 10 miles north-west of Bolton, 8 miles south of Preston, enjoying easy access to the M6 (Junction 28) and the M61 (Junction 8).

Property

A corner building comprising a Ground Floor Shop with internal access to Ancillary Accommodation on the first and second floors.

Accommodation

Ground Floor Shop
Gross Frontage (Cleveland St) 27'11"
Gross Frontage (Chapel St) 16'1"
Area Approx. 558 sq ft
First Floor
Ancillary Area Approx. 505 sq ft
Second Floor
Ancillary Area Approx. 481 sq ft
WC
Total Area  Approx. 1,544 sq ft


VAT is applicable to this Lot

FREEHOLD offered with VACANT POSSESSION


Video tour

Click here to view the video tour of the property.

Note 1: The property was previously let to a clothing retailer at £15,000 p.a.

Note 2: There may be potential to convert the upper part into residential use, subject to obtaining the necessary consents.

Enquire about this lot:

Photo of John Barnett

John Barnett
020 8492 9449
jbarnett@barnettross.co.uk

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.