Market Street Chorley

Naylor & Walkden offices sold

David McCourt

The former head office and retail premises of shop fitting business Naylor & Walkden, Chorley, have been sold for £714,000 by the North West office of property consultants Sanderson Weatherall.

The two locations were excluded from a pre-pack administration and Sanderson Weatherall was instructed to sell them by Brian Green and Paul Flint of KPMG, joint administrators of parent company Bravell.

Naylor & Walkden, which entered administration in July 2012, was subject to the pre-pack administration and continues to trade as Naylor & Walkden Fit-Out.

Sanderson Weatherall sold the former 18,332 sq ft headquarters, which incorporates offices, workshops, a storage yard and a two-bed house on Hatton Street, Adlington, to Shutter Door Services for £495,000.

A 6,066 sq ft former Methodist church and Sunday school on Market Street, previously used as retail and storage premises by the business, has been acquired by Chorley Bottle Gas for £219,000.

John Goodchild, surveyor in the asset advisory and recovery division of the North West office of Sanderson Weatherall, said: "There was good demand for both properties from owner occupiers seeking strategic opportunities to expand their operations as well as property companies and private investors.

"Whilst the market for secondary properties has suffered in recent years, these deals and others we have in the pipeline demonstrate that buyers are back in the market."

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