Holmewood Business Park, Chesterfield Road, Holmewood S42 5US

A freehold industrial estate situated close to the M1 consisting of 7 units (5 blocks) let with a combined income of £241,297 per annum. The site extends to 1.88 (ha) with a GIA of 3,547 sq.m (38,179 sq.ft).

The current income comprises:-

Unit A - held on a 5 year term commencing 24/02/23 and extending to 6,945 sq.ft with a rent passing of £62,500 per annum.

Unit B1 - held on a 5 year term commencing 12/02/26 and extending to 5,120 sq.ft with a current rent passing of £33,800 per annum.

Unit B2 - held on a 5 year term commencing 02/01/25 and extending to 5,120 sq.ft with a current rent passing of £60,000 per annum.

Unit C1 - held on a 99 year term commencing 19/03/15 and extending to 3,997 sq.ft with a current rent passing of £1 per annum.

Unit C2 - held on a 99 year term commencing 20/10/00 and extending to 3,865 sq.ft with a current rent passing of £1 per annum.

Unit C3 and C4 - held on a 5 year term commencing 31/05/24 and extending to 7,795 sq.ft with a current rent passing of £79,995 per annum.

Interested parties are advised to inspect the legal pack for more information.

Holmewood Industrial Estate is a well-established commercial destination in a strategic position being situated 5 miles from the M1, Chesterfield railway station, 30 minutes from Sheffield and 35 minutes from Derby and Nottingham.

See Legal pack for details on occupancy

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of £1,500 inc. VAT

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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding 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. 

Note
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.