Turnoaks Business Park, Burley Close, Chesterfield, S40 2UB

Investment Sold

Roger Haworth

  • Located on the well-established Turnoaks Business Park in Chesterfield, with excellent connections to the M1 motorway via J29.
  • A well specified warehouse, constructed in 1997, providing a total gross internal floor area of 4,691 sq m (50,500 sq ft). Low site cover of approximately 38%.
  • Let to Bulroc (UK) Ltd (01139419) until 4th July 2031, with a mutual break option on 24th June 2023, providing approximately 13.39 years to expiry and 5.36 years to break. The rent is reviewed on the 5th anniversary and annually thereafter.
  • CPP sold the investment on behalf of a private individual for £3,050,000, reflecting a Net Initial Yield of 7.27%.

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