23 Market Place, Chesterfield
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- Prime, High Yielding, Retail Investment
- Let to TUI UK Retail Limited
- Producing £40,000 per annum
- Tenant Holding Over
- Vacant Second Floor
- Development/Conversion Potential (subject to planning)
- Guide Price Reflects 26% Gross Yield
- Six Week Completion Available
Description
Arranged across ground, first and second floors, the property occupies a prominent pitch in the heart of Chesterfield with a frontage to Market Place. The ground and first floors are let to TUI UK Retail Limited a five year lease expiring 27/05/2024 and paying a rent of £40,000 per annum. The tenant is therefore holding over and we understand they wish to renew.
The second floor is currently vacant and therefore may be suitable for conversion to alternative uses, including residential, subject to obtaining the requisite consents.
Chesterfield is a major market town and rail hub, the subject property sits on the prime retail pitch and benefits from a prominent frontage to Market Place.
23 Market Place, Chesterfield
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chesterfield Station0.4 miles
- Dronfield Station4.8 miles
About Savills, Savills, Auctions
33 Margaret Street, London, W1G 0JD
Notes
Disclaimer - Property reference 1FD915C8-CCA4-49AC-91F5-EF2911F1DF5C. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Savills, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.