Ladbrokes Ltd, 7 Glumangate, Chesterfield

Guide price

£170,000

Size

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Tenure

Leasehold

EPC

Parking

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Primary use
Other

No floor / site plan

Key features

  • High Yielding Retail Investment
  • Let to the 5A1 Covenant of Ladbrokes
  • 7 Year Lease Expiring 2032
  • Long Standing Occupier of 50+ Years
  • Asset Management Potential via rental increase
  • Established and Popular Location
  • Located in Chesterfield Town Centre
  • Investment Let at £20,600 p.a. (12.12% GIY on Guide Price)

Description

The property comprises a high yielding retail investment let to the 5A1 covenant of Ladbrokes.7 year lease 28.09.2032 and paying £20,000 per annum.. Ladbrokes have been long standing occupiers of over 45 years.

The property occupies a prominent pitch with a frontage to Glumangate, close to the junction of the High Street, which is considered the main retail thoroughfare in Chesterfield. Nearby occupiers include HSBC ,Natwest ,Primark Card Factory, Clarks and a variety of other national and independent retailers.

7 Glumangate occupies a prominent position on Glumangate, one of the main approach roads into Chesterfield town centre, and is within easy walking distance of the main town centre and principal retail area around Market Place, Vicar Lane and The Pavements, where nearby national occupiers include Primark and Boots. The property also benefits from good public transport links, being close to local bus stops on Rose Hill / New Beetwell Street and within walking distance of Chesterfield Railway Station.

Transport
Chesterfield Rail Station - 0.6 Miles
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
No
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

Ladbrokes Ltd, 7 Glumangate, Chesterfield

NEAREST STATIONS

National Rail

Chesterfield Station

0.42 miles

National Rail

Dronfield Station

4.79 miles

About Savills National , City Offices

Savills National , City Offices

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Disclaimer - Property reference A15FF1EF-FB22-4D84-AD0E-B7E740BD5FCF. 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 National , City Offices. 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.