Units 4 & 7 Bridge Business Centre, Beresford Way, Chesterfield, Derbyshire, S41

LOCATION
Bridge Business Centre is in a semi-rural location at the
junction of Dunston Road with Sheepbridge Lane
around 3 miles north of Chesterfield town centre, close
to Dunston Technology Park and the Sheepbridge and
Foxwood business areas.
The A61 Chesterfield Inner Relief Road and Dronfield
Bypass to Sheffield are around half a mile to the east
offering easy road links to all parts of Chesterfield,
Sheffield and the national road network.
Nearby occupiers include NFU Mutual, Bolsterstone
Group and CMP Legal.

DESCRIPTION
The properties comprise of two hybrid business units
located on Bridge Business Centre.
Both premises are two storey and consist of office
accommodation over the ground and first floor with a
kitchen on the ground floor and WC on each level. Both
units have been fitted out a good specification and
benefit from air conditioning, LED lighting and
suspended ceilings.
There are several car parking spaces demised to each
unit.

ACCOMMODATION (Approx internal areas)
Unit 4
1,527 sq ft
141.9 sq m
Unit 7
2,202 sq ft
204.6 sq m

TENANCIES
Both units are let on separate Full Repairing and
Insuring leases to C K Associates Limited from
December 2021 on a 10 year lease pa. There are 5 year
tenant only breaks and rent reviews.
Unit 4 is let at a rent of £20,000 pa and Unit 7 £20,760
pa. The total rental income equates to £40,760 pa.

PRICE
We are quoting £485,000 for the Freehold Interest of
both properties which equates to a Net Initial yield of
8%. Alternatively, the Units are separately available for
£210,000 & £275,000. VAT will be payable on Unit 4.

TENURE
The properties are held under separate Freehold titles.

COVENANT STRENGTH
C K Associates Limited Co. No. 02611749 has been
established since 1991. The 2022 accounts show total
current assets of £6m and a net worth of £2m.

ENERGY PERFORMANCE CERTIFICATE
A full EPC will be provided on request.

RATING
The properties are rated as Offices and Premises with a
2023 Rateable Value of:
Unit 4 - £15,000
Unit 7 - £16,750

MONEY LAUNDERING
In order to comply with Money Laundering Regulations,
parties will be required to provide ID.

LEGAL COSTS
Each party are to be responsible for the payment of their
own legal costs in connection with this transaction.