Purpose built retail park

Chesterfield is located in the East • Midlands, 12 miles south of Sheffield and 24 miles north of Derby. Situated in the heart of the town’s main retail warehouse pitch close to the Ravenside Retail Park, Spa Retail Park, Lordsmill Retail Park and Markham Retail Park. Large catchment population with 408,879 people living within 20 minutes’ drive of the scheme. A purpose built retail park extending to 52,944 sq ft divided into 3 units. Following recent lettings, the scheme is now fully let to Wickes (expiry 06/2031), Carpetright (expiry 09/2033 – TBO 09/2028) and recent letting to Smyths Toys (expiry 11/2038 – TBO 11/2028). Both Wickes and Carpetright have recently extended their leases, whilst Smyths Toys recently signed a new lease. WAULT of 9.3 years to expiry (6.1 years to TBO). Passing rent of £544,488 per annum, equating to a low average of £10.28 per sq ft. Class E planning consent. Freehold site – 3.71 acres (1.48 hectares).