Former Marks and Spencer, 2-8 High Street, Chesterfield, Derbyshire, S40 1PS

Former Marks and Spencer, 2-8 High Street, Chesterfield, Derbyshire, S40 1PS

£2,750,000
Commercial
Sold
About this Property
11 December 2024
Sold
£2,750,000
Traditional
Commercial
Description

Freehold department store investment located at the former Marks and Spencer, 2-8 High Street, Chesterfield, Derbyshire, S40 1PS. This commercial property is entirely let to Marks and Spencer Plc on a lease expiring in March 2027, with annual rent increases of 1.95%. The property comprises two adjacent buildings with a total area of 6,316.6 sq m (67,992 sq ft) over five floors. It is situated opposite the Open Air market, which has operated since 1204 and is subject to local authority investment for enhancement works commencing on 23rd October 2024. The property is located in a prime area adjacent to Primark, fronting the pedestrianised High Street

Location
More Information
Freehold
High Street
Planning Authority
Chesterfield LPA
Property History
25 Jul 2017Sold£9,000,000
20 Dec 2024Sold£2,600,000

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