Summary - SECOND FLOOR, YORK HOUSE, ST MARYS GATE S41 7TH
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Extensive freehold retail property with large car park
- Approximately 1,800 sq ft spread over three floors
- Potential rental income of £24,000 per annum
- All double glazed windows, providing energy efficiency
- Prime urban location near amenities and schools
**Concerns:**
- Leasehold issues may complicate mortgage financing (3 years remaining)
- High crime rate in the area
- Broadband speed is slow, which may deter digital businesses
Explore this rare investment opportunity in the heart of Chesterfield, featuring a striking Victorian building with extensive retail space and off-street parking. Spanning approximately 1,800 sq ft, this three-story property not only invites owner-occupiers to establish their business but also promises a lucrative rental income that could reach £24,000 per annum. The large car park at the rear offers additional income potential, a rare find for town center premises.
While the property boasts energy-efficient double glazing, potential buyers should consider the implications of a lease with only three years remaining, which may hinder mortgage options. The area experiences a high crime rate and has slow broadband speeds, which could impact business operations. However, its desirable location, near schools, and a wide array of amenities make it a promising choice for investors or business owners seeking a vibrant community. Don’t miss your chance to negotiate on this unique offering—arrange a viewing today!
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