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Offers in region of
£525,000

Office for sale

Royal Court, Chesterfield S41
Office
Added < 7 days

Features and description

  • Excellent investment opportunity
  • Modern, purpose-built office building
  • Approx. 3,500 sq. ft. arranged over three floors
  • Located on the prestigious Royal Court, close to Chesterfield town centre
  • Recently refurbished to a Grade A standard
  • Finished to an exceptionally high specification
  • Modern fixtures and fittings throughout
  • Open-plan layout
  • Rental income of £4,166.67 plus VAT per month

An exciting opportunity to purchase this excellent investment property consisting of a modern purpose-built office of approx. 3,500 sq. ft set over three floors. Located on the prestigious Royal Court close to Chesterfield town centre, the property has had recent refurbishment to a grade A standard by the current owner to an exceptionally high specification with modern fixtures and fittings and an open plan layout.

The accommodation consists of:

Ground floor:
Secure entry system front door leading to inner hallway and ground floor WC facilities. Spacious open plan office with fitted kitchen and break out space. Additional separate private office.

First floor:
Further large open plan office space with separate generous boardroom and WC facilities.

Second floor:
Open floorplan office space having two additional conference / meeting rooms and WC facilities from the landing.

Royal Court is centrally located on the site of the former Royal Hospital Complex within Chesterfield Town Centre, on Basil Close and virtually adjacent to the Holywell Cross car park.

The location offers direct links to the main road network and Public Transport facilities. The railway station, bus routes and Chesterfield Town centre are all within a five minute or so walking distance.

Key terms of this Lease include:

-The property is tenanted under a 5-year lease receiving which commenced October 2024 at a rental income of £4,166.67 plus VAT per month.

- A mutual break right for both Landlord and Tenant at any time upon service of at least 12 months’ notice.

-The Tenant has an Option to Renew the Lease for a further 3 years following expiry of the 5 years and this Option can be served at any time during these 5 years.

-The Lease is a full repairing and insuring Lease. Insurance premiums are payable by the Tenant and there is a requirement to pay the Service Charge as outlined in the Management Deed plus a fair and reasonable proportion of the Landlord's costs in maintaining and repairing the exterior of the building.

-The building is sold without the benefit of the basement which houses the utility meters for the entire estate. The Lease for the basement is in favour of the Management Company. The rent is a peppercorn rent.

VAT - The property purchase price is subject to VAT.

Tenure: See Legal Pack

EPC Rating: D92

Terms:
Plans, Maps and Photographs
The plans, floorplans, maps, photograph’s and video tours published on our website and in the catalogue are to aid identification of the property only. The plans are not to scale and should not be relied upon.

Consumer Protection Regulations 2008
Price Linsey Property Consultants Ltd endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.

Anti Money Laundering Regulations
Intending buyers will be asked to produce identification documentation if they make an acceptable offer. We would ask for your co-operation in order that there will be no delay in agreeing the sale.

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About this agent

PriceLinsey - Sheffield
PriceLinsey - Sheffield
40 Bank Street Sheffield S1 2DS
020 4517 0513
Full profileProperty listings
PriceLinsey is a multi-disciplined firm of Chartered Surveyors specialising in property auctions, property agency and management. Our experienced and professional team have over 43 years combined experience across all aspects of property. With all three directors living and working locally, we are proud to represent the South Yorkshire and Derbyshire area, with our head office in Sheffield and satellite office in Chesterfield. PriceLinsey has a proven track record of property auctioneering, property management, surveying and valuing properties across the region. We work on behalf of a broad range of clients, including major corporate clients and private investors, as well as smaller organisations and independent landlords. We also act for many clients across the UK and overseas too.
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