Wheatbridge Rd | Chesterfield S40 2AB
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Wheatbridge Rd
Chesterfield S40 2AB
New Hipper House · Office Property For Sale
Investment Highlights
- Freehold opportunity
- May suit alternative uses STP
- Two office buildings plus land
- Immediately available
Executive Summary
The freehold is available subject to the following lease:
Old Hipper House is currently let to Juniper Training Ltd by way of a lease expiring 31 March 2026. The passing rent is £25,225 per annum and there is a running redevelopment clause on 12 months written notice.
Old Hipper House is currently let to Juniper Training Ltd by way of a lease expiring 31 March 2026. The passing rent is £25,225 per annum and there is a running redevelopment clause on 12 months written notice.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
23,400 SF
Building Class
C
Year Built
1974
Price
£1,000,000
Price Per SF
£43
Net Initial Yield
2.52%
NOI
£25,225
Tenancy
Single
Number of Floors
3
Typical Floor Size
7,800 SF
Parking
45 Spaces (1.92 Spaces per 1,000 SF Leased)
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