Industrial Park
A freehold industrial site located off Cobnar Wood Close in Chesterfield benefitting from a current gross income of £156,345per 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.
Freehold. See legal pack.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.