For Sale By Auction | 08:45, 26 June 2024 | Lot 28

23 Market Place, Chesterfield, Derbyshire, S40 1PJ

*Guide | £180,000+ (plus fees)

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 26/06/2024

Auction Time

08:45

Auction Venue

Live Stream

A Mid Terrace Building Arranged to Provide a Ground Floor Shop and First Floor Ancillary Space Let Producing £40,000 Per Annum and Vacant Second Floor Ancillary Space with Potential to Convert into Residential (Subject to Obtaining all Relevant Consents).

The property comprises a mid terrace building arranged to provide a ground floor shop with first and second floor ancillary space.

Tenure

Freehold

Location

The property is situated in Chesterfield City Centre. Nearby multiples include Primark, McDonald's and Marks and Spencer. Transport links are provided by Chesterfield rail station.

Accommodation

Ground Floor Shop Area First Floor Ancillary Space Second Floor Ancillary Space

Tenancy

The ground and first floors are subject to an FRI lease to TUI UK Retail Limited for a term of 5 years expiring 27th May 2024 at a rent of £40,000 per annum (Holding Over). We understand from the vendor that the tenant wishes to Renew the lease.

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.