From
£160,000
Property for saleHigh Street, Staveley, Chesterfield S43
Just added
Auction
About this property
To be offered on Tuesday 27 January
Freehold Shop Investment
Entirely let to St Vincent's De Paul Society until 2033 (1)
Tenant in occupation over 20 years
Lapsed planning consent to extend the first floor and provide 3 flats
VAT is applicable
Investment let at £23,800 p.a. (14.87% giy on Guide Price)
Strapline
Auction Sale - 26/01/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold Charity Shop Investment let on lease expiring 2033 with devleopment potential to extend the first floor and provide 3 flats. Total current rents £23,800 p.a.
Description
The property is arranged over ground floor only to provide a ground floor shop.
Location
Chesterfield is a large market town located 10 miles south of Sheffield and 27 miles north of Derby.
The property is located close to the junction with Market Street.
Local occupiers include Ladbrokes, Barnardo's and William Hill
Transport
Road - The town has excellent road communications being located on the A61, at its junction with the A619 and the A617 which provides direct access to the M1 Motorway (Junction 29).
Rail - Chesterfield Railway Station provides mainline and local rail services to key destinations including Sheffield, Nottingham, Leeds, Norwich and London St Pancras International.
Tenancy
Let to St Vincent's De Paul Society on a full repairing and insuring (Fri) lease for a term of 10 years from April 2023 at £23,800 per annum.
(1)The lease provides for a tenant break option at the 5th anniversary.
Accommodation
Ground Floor - 225.4 sq m (2,426 sq ft)
Total - 225.4 sq m (2,426 sq ft)
Planning
The property maybe suitable for redevelopment or extension subject to all necessary consents.
Planning permission was previously granted for a first floor extension to provide three flats (December 2017) and this permission has since lapsed. The extension showed each flat to comprise 2 bedrooms, Living Room, /Kitchen, Bathroom.WC.
All enquiries in this regard should be made with the local authority, Chesterfield Borough Council.
Website:
Auction Sale - 26/01/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold Charity Shop Investment let on lease expiring 2033 with devleopment potential to extend the first floor and provide 3 flats. Total current rents £23,800 p.a.
Description
The property is arranged over ground floor only to provide a ground floor shop.
Location
Chesterfield is a large market town located 10 miles south of Sheffield and 27 miles north of Derby.
The property is located close to the junction with Market Street.
Local occupiers include Ladbrokes, Barnardo's and William Hill
Transport
Road - The town has excellent road communications being located on the A61, at its junction with the A619 and the A617 which provides direct access to the M1 Motorway (Junction 29).
Rail - Chesterfield Railway Station provides mainline and local rail services to key destinations including Sheffield, Nottingham, Leeds, Norwich and London St Pancras International.
Tenancy
Let to St Vincent's De Paul Society on a full repairing and insuring (Fri) lease for a term of 10 years from April 2023 at £23,800 per annum.
(1)The lease provides for a tenant break option at the 5th anniversary.
Accommodation
Ground Floor - 225.4 sq m (2,426 sq ft)
Total - 225.4 sq m (2,426 sq ft)
Planning
The property maybe suitable for redevelopment or extension subject to all necessary consents.
Planning permission was previously granted for a first floor extension to provide three flats (December 2017) and this permission has since lapsed. The extension showed each flat to comprise 2 bedrooms, Living Room, /Kitchen, Bathroom.WC.
All enquiries in this regard should be made with the local authority, Chesterfield Borough Council.
Website:
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Monthly repayment
£800 per month
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