16 & 16A Stephenson Place and 15 Cavendish Street, Chesterfield, Derbyshire

Guide price

£300,000

Auction

Size

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Tenure

Freehold

EPC

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Parking

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Primary use
Mixed use
Other use(s)
High street retail, Shop, Bar or nightclub, Other leisure, Mixed use, Other

No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Transport links
  • Well connected
  • Kitchen
  • Restaurant

Key features

  • Multi-let investment property
  • Produces over £40,000 per annum
  • Situated centrally to Chesterfield Town Centre
  • Excellent investment opportunity

Description

***FOR SALE VIA LIVE STREAM AUCTION - 14TH JULY - 12:30***

An excellent opportunity to purchase a multi-let investment property, producing a gross rental income in the order of £40,260 per annum.

Tenure
Freehold

16 Stephensons Place
16 Stephensons Place is let as Lennons Snooker Centre, used as a snooker hall. The current tenant is holding over on a lease of £17,260 per annum. The vendor has advised us that the tenant wishes to sign a new lease for a period of 7 years. Prospective purchasers should satisfy themselves in this regard. The property comprises of a ground floor entrance hall with stairs leading to the first and seconds floors. Current EPC Rating: TBA

16A Stephensons Place
16A Stephensons Place is currently used as a hot food takeaway, known as Imrans Diner. The current tenant has 2 years left to run on their lease and the property is let out at £10,000 per annum. The vendors has advised us that the tenant wishes to remain in occupation and sign a new 7 year lease. Prospective purchasers should satisfy themselves in this regard. Current EPC Rating: TBA

15 Cavendish Street
15 Cavendish Street is currently used as a hot food takeaway, known as Akhis. The current tenant has recently signed a lease of 7 years at a rental of £13,000 per annum. Prospective purchasers should satisfy themselves in this regard. Current EPC Rating: TBA

Energy Efficiency Rating (EPC)
Current Rating TBA

Local Authority
Chesterfield Borough Council

Solicitors
Banner Jones, 24 Glumangate, Chesterfield, Derbyshire, S40 1UA, Ref: Andrew Fielder, Tel:

Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees
Buyer's Premium - 1.25% plus VAT (1.5% inc VAT), payable on completion.
Administration Charge - £2340 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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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Energy performance certificate: Ask agent

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
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Environmental description
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Read more about energy considerations for commercial property

16 & 16A Stephenson Place and 15 Cavendish Street, Chesterfield, Derbyshire

NEAREST STATIONS

National Rail

Chesterfield Station

0.24 miles

National Rail

Dronfield Station

4.83 miles

About Copelands, Chesterfield

Copelands, Chesterfield

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Disclaimer - Property reference StephensonPlace. 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 Copelands, Chesterfield. 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.