16 & 16A Stephenson Place and 15 Cavendish Street, Chesterfield, Derbyshire
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Multi-let investment property
- Produces over £40,000 per annum
- Coverage across two town centre streets
- Situated centrally in Chesterfield Town Centre
- Excellent transport links
- Excellent investment opportunity
Description
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.
16 & 16A Stephenson Place and 15 Cavendish Street, Chesterfield, Derbyshire
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chesterfield Station0.2 miles
- Dronfield Station4.8 miles
Notes
Disclaimer - Property reference StephensonsPlace. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Copelands, Chesterfield on 01246 383308.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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