Freehold yard and workshop units with redevelopment potential near Chesterfield.
Freehold light industrial site with three separate units and yard frontage
Unit sizes: 56 sqm, 43 sqm and 43 sqm (compact workshop spaces)
Informal tenancy details inconsistent—confirm lettings in legal pack
Two-unit let / one vacant scenario also referenced—verify rental income
High flood-risk area; insurance and mitigation likely required
Above-average local crime; site security and insurance considerations
Sold at auction with additional fees (administration and buyer’s premium)
Potential asbestos risk and slow broadband; refurbishment likely needed
This freehold light industrial property on Armytage Industrial Estate offers three discrete units with yard frontage and substantial plot size, well placed for road access in Chesterfield. Each unit is compact (56, 43 and 43 sq m) with high ceilings, roller shutters and metal-clad construction suitable for workshop, storage or small-scale light manufacturing. The estate location provides excellent mobile signal and practical on-site parking and gated yard.
Important practical and legal points are highlighted: marketing information about tenancy is inconsistent—some notes state two units are informally let at £11,100 pa with one vacant, while other notes state all three are informally let at £11,100 pa. Prospective buyers must check the legal pack and tenancy documentation. The property will be sold at auction with additional fees (administration and buyer’s premium) payable on exchange; check the auction paperwork for full costs.
Buyers should budget for known and likely liabilities: the site records a high flood risk, above-average local crime, slow broadband and potential asbestos in older industrial cladding (no tests provided). There may be refurbishment, compliance or service upgrades required to meet occupier or planning needs. For investors or occupiers seeking a low-entry industrial freehold with immediate yard space and redevelopment potential, this represents a value-led opportunity provided buyers allow for the site’s constraints and complete due diligence.