9-13 Burlington Street, Chesterfield, Derbyshire, S40 1RS
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£200,000+
Commercial
Key Features
- An opportunity to acquire a prime retail unit in the heart of Chesterfield Town Centre (3,455 sq ft)
- Currently let on a temporary lease at £24,000 pa (ERV: £40,000)
- Offered For Sale on a 999 year long leasehold (virtual freehold) and vacant possession can be provided upon completion if required.
Part of the
12 December 2024
auction
Trent Bridge Cricket Ground
at
2.30PM
An opportunity to acquire a large retail unit in the heart of Chesterfield Town Centre extending to circa 3,455 sq ft. Let to a Temp, established clothing retailer 'Rossi' at £24,000 pa but can be offered with Vacant Possession upon completion if required.
- Prime town centre retail unit with good display frontage
- Close to Primark, Greggs, Betfred & Specsavers
- A large retail unit extending to circa 3,455 sq ft
- Situated on the pedestrianised Burlington Street
- Forming the ground floor of a newly converted building
- Newly converted residential apartments above
- Large open trading areas visible from the street
- Suspended ceilings with inset lighting
- Stock room with storage areas and WC to the rear
- Offered To Let with retail agents at £40,000 pax
- Currently let on a temporary lease at £24,000 pa
- Sold subject to the lease, but could be offered with VP
- Offered For Sale on a new 999 year long leasehold
- Ideal opportunity for both owner occupiers and investors
Contact Auction Estates on 0115 7844 600
Fees
A buyer's premium of £1,800 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
The property is offered For Sale on a new 999 year long leasehold at a Peppercorn rent. Subject to the existing temporary lease to Rossi producing a rent of £20,000 pa
Refer to Legal Pack