News

Chesterfield business park goes up for auction

Adrian
First Stage Business Park Chesterfield

The First Stage Business Park in Chesterfield, which is home to multiple light industrial businesses, has been put up for auction with a guide price of £1.1m. The business park will be included in the next online property auction held by Sheffield firm Mark Jenkinson & Son, now part of Eddisons, on 4 April.

Comprising 17 light industrial units, the multi-let 3.3 acre site produces an annual rental income of over £109,000 and is home to a number of local companies. Metal finisher First Stage Machining; garage and repair shop Autofit; and MR Emergency Medical Services, which provides an independent ambulance service, medical cover for events and first aid training courses, are among current tenants.

Adrian Little, director at Mark Jenkinson, said: “This is a well known business park that’s in a great location on the outskirts of Chesterfield and close to junctions 29a and 30 of the M1. Occupancy levels remain consistently high and all 17 units are currently fully occupied, making this a fantastic investment opportunity.”

Bidding on the First Stage Business Park, and the other lots in Mark Jenkinson’s online property auction, opens at 9am on 4 April and closes from 12pm the same day. To view the full catalogue, go to www.markjenkinson.co.uk  

Mark Jenkinson is now part of property group Eddisons after it was acquired by the Leeds-based firm, which has 25 offices across the UK, earlier this month.

About the Author

Over the last 40 years Adrian has been involved in the sale by auction of over 10,000 properties in the Yorkshire and Humber region, ranging from small sites and ground rents to large industrial estates and residential investments. He has been most fortunate to have sold many landmark buildings throughout the region and is particularly interested in properties that require modernisation, restoration or redevelopment.

Having spent many hours on the rostrum at Bramall Lane, he saw the incredibly successful transition to online auctions seeing some £100m of residential, commercial, agricultural and industrial lots being sold for private, corporate and local authority clients. In March 2023, he joined Eddisons and Pugh & Co to forward this success and continue to offer personal service with a larger national presence .