Property Description

A freehold industrial site located off Cobnar Wood Close in Chesterfield benefitting from a current gross income of £156,345 per annum rising to £170,395 in 2026. The site extends to 1.13 ha with a GIA of 31,102 sq.ft. The site is laid out with three separate blocks and 12 units in total along with forecourt and landscaping. The current rent roll comprises - Unit 1 and 2 are held on a 6 year lease commencing 01-01-23 with a current rent passing £30,995 per annum and a total combined area of 5,874 sq.ft. Unit 3 is held on a 6 year lease commencing 01-01-23 with a current rent passing of £15,985 per annum and extends to 2,906 sq.ft. Unit 4 is held on a 6 year lease commencing 01-09-24 with a current rent passing of £18,890 pa per annum and extends to 2,906 sq.ft. Unit 5 is held on a 15 year lease commencing 23-09-22 with a current rent passing of £9,595 per annum and extends to 1,668 sq.ft. Unit 6 is held on a 6 year lease commencing 25-03-22 with a current rent passing of £15,295 per annum and extending to 2,906 sq.ft. Unit 7 is held on a 6 year lease commencing 01-01-23 with a current rent passing of £15,985 per annum extending to 2,906 sq.ft. Unit 8 is held on a 3 year lease commencing 07-11-23 with a current rent passing of £13,850 per annum extending to 1,915 sq.ft. Unit 9 is held on a 6 year lease commencing 29-02-24 with a current rent passing of £12,500 per annum extending to 1,938 sq.ft. Unit 10 is held on a 2 year lease commencing 01-05-25 with an agreed rent of £14,050 per annum extending to 1,938 sq.ft. Unit 11 is held on a 6 year lease commencing 01-03-24 with a current rent passing of £10,750 per annum extending to 1,880 sq.ft. Unit 12 is held on a 6 year lease commencing 31-03-23 with a current rent passing of £12,500 per annum extending to 1,938 sq.ft. Prospective buyers are advised to make all necessary independent enquiries and to inspect the legal documents prior to placing their bid as this will be binding.

Tenure

Freehold

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