Town Centre Retail Unit adjacent to Marks & Spencer

Key Points

• Prominently located retailing location on pedestrianised High Street
• High pedestrian footfall area in Chesterfield town centre
• A1 consent with potential for other uses (STP)
• Nearby occupiers include; Marks & Spencer, Primark, Halifax, Greggs amongst many more

Description

The property comprises accommodation over three storeys. The property was most recently occupied by a Clintons. The ground floor provides open plan retail with ancillary accommodation to the rear. First and second floors benefit from self-contained access off High Street. The first floor and second floor provides further ancillary storage.

Available area

Location

The property is situated in a prime position on the north side of the busy pedestrianised High Street in Chesterfield town centre. The property is adjacent to Marks & Spencer. Other nearby occupiers include Primark, Greggs, Halifax amongst many other national and local names.

Rateable Value

Based on information obtained from the Valuation Office Agency website we understand the demise is rated as follows:-

Address: 10, High Street, Chesterfield, Derbyshire, S40 1PS
Description: Shop and premises
Rateable Value: £45,250 from April 2023

We would advise prospective parties to verify the matter with the local rating office.

The 2023/24 Retail, Hospitality and Leisure Business Rates Relief scheme will provide eligible, occupied, retail, hospitality and leisure properties with a 75% relief, up to a cash cap limit of £110,000 per business. We would advise interested parties to carry out their own checks. More information can be found here: https://www.gov.uk/government/publications/business-rates-relief-202324-retail-hospitality-and-leisure-scheme-local-authority-guidance

Lease Terms

The property is available to let by way of a new full repairing and insuring lease for a term to be agreed.

Rent

£32,500 per annum. We are informed VAT is payable on the rent.