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17-19 Broad Pavement 2,237 sq ft Retail Property Chesterfield S40 1RP £195,000 (£87.17/sq ft)
Investment Highlights
- Town centre location
- Within walking distance of market square
- Current income £10,000 per annum
- Car parking available nearby
Executive Summary
Let to Little Leprechauns Day Nursery Ltd on a 20-year lease commencing August 2011 at an annual rent of £10,000 per annum (£6.15 per sqft) with one remaining rent review in August 2026 and a tenant only break clause operational in August 2026 and August 2029.
The legal pack will be available prior to the auction. This will include the usual searches, title information including copies of the lease(s) and information concerning service charges and any tenant rent arrears together with contract and transfer documentation.
The legal pack will be available prior to the auction. This will include the usual searches, title information including copies of the lease(s) and information concerning service charges and any tenant rent arrears together with contract and transfer documentation.
Property Facts
Sale Type
Investment or Owner Occupier
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Child Care Centres / Nursery
Property Size
2,237 sq ft
Costar Property Class
C
Year Built
1920
Price
£195,000
Price per sq ft
£87.17
Tenancy
Single
Number of Floors
2
Plot ratio
0.45
Total Plot Size
0.12 ac
Frontage
53 ft on Cavendish Street
Amenities
- Security System
- Signage
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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17-19 Broad Pavement
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