Size: 77,100 Sq Ft (7,162.59 Sq M)
For Sale
Property Details
For Sale: £3,000,000 Offers in Excess of
Key Features
Multi-let single storey former textile mill
Income producing, let to 15 tenants, providing workshop, warehouse and office space
Direct access from Yarrow Road to the A6 (Southport Road/Wigan Road) situated on the fringes of Chorley Town Centre
Well positioned for access to Preston, Manchester and Liverpool
Potential for future redevelopment - subject to planning
Approximately 2 miles from Junction 8 of the M61, with connections to the M6 and M65
Total site area of 3.414 acres (1.382 hectares) Attractive opportunity for investors/investor developers
Fully let, producing a gross rent of approx. £316,500 per annum (rising to approx.£321,500 per annum in June 2027)
Held Freehold under Title Number LA908204 Offers in Excess of £3,000,000 exclusive
Description
Yarrow Business Centre comprises a substantial former textile mill of traditional slate north-light roof construction extending to approximately 77,100 sq ft (7,163 sq m). Predominantly single-storey, with a part two-storey section, the property has been sub-divided to provide a range of workshop, warehouse, storage and office accommodation occupied by a variety of local businesses.
The property occupies a site extending to approximately 3.414 acres (1.382 hectares) and benefits from extensive communal concrete-surfaced parking, circulation and loading areas.
The asset provides a well-established multi-let investment with a diverse occupational profile and opportunities for future asset management and income growth. Given the scale of the site and its established commercial use, the property is expected to appeal to investors, owner-occupiers and developer-investors alike. Furthermore, the site may offer longer-term redevelopment potential, subject to planning and all necessary statutory consents.
Overall, the property represents an opportunity to acquire a substantial income-producing commercial asset with future value enhancement potential.
Location
Yarrow Business Centre is located on Yarrow Road, approximately 0.5 miles south-west of Chorley Town Centre. The property sits within an established commercial area comprising light industrial, warehouse and ancillary residential uses.
The location benefits from good road connectivity, with the M61 motorway (Junction 8) within close proximity, providing direct access to Preston, Manchester and the wider North West motorway network. Chorley Railway Station and town centre amenities are also readily accessible, supporting both staff and business operations.