Summary - 6-8, BROAD PAVEMENT S40 1RP
1 bed 1 bath Commercial Property
Large Victorian corner unit with rental income and refurbishment upside near car park.
Freehold commercial building: 2,118 sqft over two floors
A substantial freehold commercial building in Chesterfield town centre, offered at auction with vacant-management continuity. The property extends to 2,118 sqft across two floors and is let to Derbyshire Districts Citizens Advice Bureau on a 10-year lease from October 2025, producing a current income of £14,825 per year. The tenant-only break clauses at years three and six and a modest passing rent provide clear reversion and rental-growth potential for an investor prepared to manage tenancy risk.
Built in late-Victorian red brick, the corner high-street location provides strong footfall and nearby off-street parking opposite Holywell Cross car park. The building sits within the Town Centre conservation area, so external and certain internal works may require consent. The EPC rating is E and broadband speeds are very slow — both factors that will affect future occupational costs and desirability for certain tenants.
This sale is unconditional by auction on 26 February 2026. Bidders must allow for the 10% deposit (minimum £5,000), a non-refundable buyers’ fee of £1,500, and to review the legal pack for any service charge, title or tenant arrears information. The property suits buy-to-let investors or buyers seeking a period commercial asset with refurbishment and rental uplift potential, but shortlisted purchasers should factor in conservation-area constraints and the tenant break options when assessing value.
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