Summary - 1-3 & 5 Stephenson Place & 8 Church Way, Chesterfield, S40 1XL S40 1XL
1 bed 1 bath Retail Property (high street)
### Standout Features
- Multi-let building with commercial and residential potential
- Prime corner location in Chesterfield's bustling town center
- Three ground-floor retail units, including a new restaurant and established tenants
- Significant asset management opportunities for residential development
- Total current income of £73,700 per annum, with potential to rise to £85,700
### Summary
Seize this unique investment opportunity with this extensive multi-let retail property located at 1-3 & 5 Stephenson Place and 8 Church Way, Chesterfield. Comprising three ground-floor retail units and a mix of commercial occupiers above, this property boasts a significant income stream of £73,700 per annum from established tenants, along with the potential to increase that to £85,700 with a completed lease on the third-floor studio.
With a prime corner position surrounded by pedestrian traffic and adjacent to popular establishments, this asset not only serves the immediate retail needs but also offers substantial possibilities for future residential development, making it ideal for seasoned investors or ambitious entrepreneurs. Enjoy the benefit of excellent transport links and proximity to high-profile retailers, ensuring a thriving and well-supported business environment. Don't miss out on this remarkable opportunity to transform a well-placed asset into a cornerstone of the Chesterfield retail landscape.
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