Retail Investment Acquisition: Chesterfield, Derbyshire

Clients of Fifield Glyn have purchased a freehold shop investment at 12 Packers Row, Chesterfield, for £652,000 (7.6%).  It is let to Connaught House Ltd on a 15 year FRI Lease from 18 July 2003 at £52,500 pa.  The shop has ITZA 721sf and first floor 1,009 sf

 

Fifield Glyn represented the Purchasers, a private investor consortium managed by John Faulkner and James Hollington, ex-Partners of Healey & Baker.