£15,000

Property for sale

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Retirement
Freehold

Offers in region of

£15,000

Property for sale

Market Hall, Chesterfield S40

Local area information

Property location

Nearby amenities

  • St Mary's Catholic Primary 0.4 miles
  • Chesterfield 0.4 miles
  • Abercrombie Primary School 0.5 miles
  • Dronfield 4.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Long established business with excellent potential for growth and expansion
  • Well situated character premises in the heart of the market town of Chesterfield
  • Fully equipped and stocked to operate immediately
An opportunity to acquire A very highly regarded and long-established electrical spares business.

1001 vac & electrical spares
unit 11, chesterfield market hall, chesterfield, S40 1AR

A rare and truly unique opportunity to acquire this very highly regarded and well-known electrical spares business, which has built up an enviable reputation with a large, loyal and ever growing customer base coming from far and wide.

Only available due to the owner’s retirement, a viewing is essential to appreciate the opportunity on offer.

Location:

The premises are well situated in a prominent and accessible location within the town centre of Chesterfield, an historic market town that benefits from high levels of foot fall and visitors from far and wide.

More specifically the premises are situated within Chesterfield Market Hall, a most attractive building, something of a local landmark which was built in 1857, and was fortunate to benefit from a multi-million pound refurbishment in 2013

Description:

The business is established at ground floor level within Chesterfield Market Hall providing an excellent retail sales premises that benefits from an excellent level of footfall with a variety of occupiers drawing a wide and varied clientele.

1001 Vac & Electrical Spares is a long established business that has been trading for circa 50 years, having been in current ownership for in excess of 9 years, and has unsurprisingly gained an enviable reputation with an ever expanding and loyal customer base.

The business as the name suggest started out mainly with the provision of vacuum spares, but has diversified over the years to supply a full range of appliance spares and electrical products, with a wide variety of bulbs, batteries and an excellent range of seasonal products such as fans during the warmer months, and a range of Christmas lights and decorations in winter.

The business does not currently have a huge online presence, instead mostly relying on its long-established reputation and prominent position, however this is an area which provides exceptional potential for growth with a website and further social media advertising.

Detailed knowledge of the appliances and equipment is not necessary as the owners have a comprehensive schedule and system in place, and are happy to stay on for a transitionary period to ensure the new owners are up to speed as soon as possible.

Full accounting information can be made available following on from a viewing.

Premises:

We have not seen the formal lease documentation, but understand the premises to be held on a formal lease to Chesterfield Borough Council. We understand rent is currently payable at a rate of £9,480 per annum exclusive, which is inclusive of service charges.

Rating Assessment:

There are no business rates payable at the present time for qualifying occupiers.

Viewing:

Strictly by appointment with Fishwick & Co. Email:

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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