Garage & Premises, St Johns Road, Chesterfield, Derbyshire S41 8QN

A freehold site of approximately 0.56 acres, featuring a mix of buildings of approx. 7,687 and yard space, all situated in a highly prominent roadside location. The site is currenlty part let with 60% being let subject to leases which produces £35,988 per annum with the remaining 40% being vacant. Fully let the site should produce an incomein the region of £65,888 per annum. The site offers potential rental growth to over double the current income when fully let. The premises comprises multi- let units including; Vets4Pets, Newbold MOT Centre, 4 Units at the rear, with a seperate First Floor above Units 1 & 2, an additional Rear Workshop as well as a three bedroom house.

Vets4pets - 1,646 Sq Ft (152.9 Sq M)
Located at the front of the site, Vets4Pets acts as a prominent anchor tenant, having been in occupation for several years and recently renewing their commitment with a new 15-year lease. The premises are very well fitted to support a busy and well-respected veterinary practice.

Newbold Mot Centre - 949 Sq Ft (88.2 Sq M)
Newbold MOT Centre is another established tenant with over 20 years of history at this location. This well-regarded MOT testing centre benefits from parking to the front, additional spaces to the rear, and a separate WC facility.

Unit 1 - 732 Sq Ft (68.02 Sq M)
A well-proportioned storage unit to the rear of Vets4Pets that is currently let, with roller shutter access. Considered suitable for continued storage use, or a wide range of alternative uses (some of which may require an application for change of use).

Unit 2 - 732 Sq Ft (68.02 Sq M) VACANT
A well proportioned ‘garage’ unit that has previously been owner occupied, and is now currently vacant. Canopy to the frontage providing covered access, considered suitable for a variety of purposes.

Loft - 626 Sq ft (58.12 Sq M) VACANT
Extending above Units 1 and 2.

Unit 3 - 596 Sq Ft (55.4 Sq M)
A single-storey building located at the rear of the site. The property offers significant potential for future development, with the opportunity to add an additional storey, subject to the necessary consents and permissions being obtained.

Unit 4 - 596 Sq Ft (55.4 Sq M)
A single-storey building located at the rear of the site. The property offers significant potential for future development, with the opportunity to add an additional storey, subject to the necessary consents and permissions being obtained.

Rear Workshop - 969 Sq Ft (89.66 Sq M) VACANT
Formerly an MOT testing facility, the rear workshop is a detached single story building.

House - Three Bedrooms / 842 Sq Ft (78.2 Sq M) VACANT
A three bedroom house comprising of a kitchen, WC and living room to the first floor, and three bedrooms, the master having an en-suite shower room on the first floor. The property could also be reconfigured as office space if required or converted to a pair of apartments.

Yard Space
There is ample space for circulation, parking and access to the various units, and opportunity to extend, reconfigure or redevelop subject to requirements and obtaining the necessary consents and permissions.

The premises has a good size enclosed yard area.

Approximately 2346 sq m (2806 sq yds).

Freehold

Part Let Part Vacant

Auction Details

The sale of this property will take place on the stated date by way of Multi lot timed 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 2.4% of the purchase price (subject to a minimum of £2,400 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 whilst our joint agent has conducted an inspection, 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.

EPCs
Vets 4 Pets - E, Newbold MOT Centre - D, Unit 1 - E, Unit 2 - F, Unit 3 - E, Unit 4 - D, Loft - E, Rear Workshop - E, House - E