Home Finance & Investments Chesterfield business park goes up for auction

Chesterfield business park goes up for auction

The First Stage Business Park, Chesterfield, up for auction with Mark Jenkinson & Son

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, 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 the Mark Jenkinson website.

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.