Business park to go under the hammer for £1.1m

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.”