Commercial Property for Sale in the Garstang, UK

Commercial Property in Garstang available for sale

Commercial Properties for Sale Within 5 miles of the Garstang, UK

Malt Kiln Ln

Chipping, PR3 2GP

Hospitality for Sale
15,438 sq ft

Chipping Hospitality for Sale - Chipping, Lancashire

Potential Residential Development Opportunity - Subject to Planning Positioned in Bowland Forest and surrounded by the picturesque Ribble Valley Multiple award-winning food and beverage establishments within the area Planning permission granted for change of use to the Grade || listed Kirk Mill for hotel use Potential to improve existing consents subject to planning Chipping is a picturesque village situated in the Forest of Bowland Area of Outstanding Natural Beauty, in the county of Lancashire. This medieval conservation area benefits from good connectivity to other towns in the North West of England, being situated 8.5 miles north west of Clitheroe and 12.7 miles north east of Preston. Positioned close to the south-western edge of the Forest of Bowland, Chipping is an area of incredible natural heritage in the heart of the Ribble Valley. The Valley provides a connection between Chipping and the Forrest of Bowland whilst forming a gateway to Sykes Fell from both Longridge and Clitheroe. Given its well-documented history and subsequent conservationist efforts, the area is widely renowned for its unspoilt countryside and wildlife, earning it the official title of an 'Area of Outstanding Natural Beauty' [AONB]. The area also won the RHS Britain in Bloom Gold Award for the Best Village in 2009, in addition to more recent awards in 2016 and 2017 for the Northwest in Bloom competitions. This exciting development opportunity comprises the Kirk Mill building, situated on Malt Kiln Brow, close to the centre of the village of Chipping in the Forest of Bowland. We are advised that Kirk Mill has the benefit of a valid planning consent, granted under planning permission 3/2014/0183, which provided for a wider mixed used re-development, part of which has now been sold and is excluded accordingly. (Consent granted under appeal notices APP/ T2350/W/15/3119224 & APP/T2350/Y/15/3119225) The consent provided for the conversion and development of an 18 bedroom hotel, bar and restaurant within the primary structure of the original Kirk Mill. The Kirk Mill, The Pond and land comprises approximately 3.1 acres (1.2 hectares) and is situated on the Western side of Malt Kiln Brow. It includes the attractive Grade Il listed three storey mill, known as Kirk Mill. The property is of traditional stone construction under a dual-pitched slate roof. The property dates back to 1785 and still has many of its original features such as the water-powered wheel and gearing system. The property has recently undergone significant work to ensure it is structurally sound and has then been stripped back to developers core condition. Works include a new roof, full stone cleaning/pointing and structural steelwork has been added. The property is ready and prepared for redevelopment into an 18 bedroom hotel, bar and restaurant. The Mill has been refurbished to a developers' shell specification in order to ensure flexibility upon completion of sale. Adjacent to the Mill is the original Mill Pond and an area of woodland providing a number of different exciting possibilities and opportunities for a purchaser, subject to planning. The pond has potential for fishing usage and the large private grounds including riverside walks and wooded areas. The individual Lots are not currently listed. Upon completion of the development the respective new elements of the scheme will be assessed and added to the rating list accordingly.

Contact:

Graham & Sibbald

Property Subtype:

Hotel

Date on Market:

03/07/2025

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FAQs about Commercial Properties For Sale in Garstang

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How many Commercial Property listings are available for sale in Garstang?

There are currently 0 Commercial Properties available for sale near Garstang. These Garstang Commercial Property listings have an average size of. The largest available listing in Garstang is. The thriving commercial centre and excellent transport links in Garstang make it an ideal location for businesses to find suitable Commercial Property for sale.

What factors could affect the prices of Commercial Properties in Garstang?

Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Garstang currently range from to per square foot. While the average net initial yield for Commercial Properties is.

What other types of commercial property are available for sale in Garstang?

There is a diverse range of commercial properties available in Garstang to suit various business needs. Garstang offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Garstang commercial property listings in the area, potential owners can find suitable options that meet their requirements.

What are the advantages of investing in commercial property in the UK?

Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.

What is a net initial yield and why is it important?

Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.

Do I need a commercial mortgage to invest?

Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.

What should I look for when doing due diligence?

Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.

What are the risks of investing in commercial property?

Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.

Can overseas investors buy commercial property in the UK?

Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Garstang, UK

Market Overview for Commercial Properties in Garstang

Key information for Commercial Properties investors in Garstang and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City	Avg Price Per Sq Ft	Avg Size Available
Thornton Cleveleys	£77	1,680 sq ft
Chorley	£96	3,775 sq ft
Longridge	£124	944 sq ft
Preston, Lancashire	£98	63,228 sq ft
Accrington	£75	6,786 sq ft

Rental Price Trends in Garstang

The price per square foot range for Commercial Properties in Garstang and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City	Min £ Sq Ft	Avg £ Sq Ft	Max £ Sq Ft
Thornton Cleveleys	£18	£77	£136
Chorley	£24	£96	£141
Longridge	£124	£124	£124
Preston, Lancashire	£42	£98	£195
Accrington	£22	£75	£142

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Garstang area. Refine your search based on space requirements and investment level.

City	Smallest Property	Avg. Sq Ft	Largest Property
Thornton Cleveleys	544 sq ft	1,680 sq ft	2,815 sq ft
Chorley	1,137 sq ft	3,775 sq ft	16,765 sq ft
Longridge	944 sq ft	944 sq ft	944 sq ft
Preston, Lancashire	756 sq ft	63,228 sq ft	605,976 sq ft
Accrington	918 sq ft	6,786 sq ft	27,855 sq ft

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