Knight’s role in £2m property deals

THE Sheffield office of Knight Frank has played a leading role in securing two commercial property deals at a Chesterfield business park, which have a total value of almost £2m.

Perth House and Dundee House, which stand on the Millennium Way Business Park, have been sold to a private investor in a £400,000 deal. The remaining two buildings on the park, Edinburgh House and St Andrew’s House, have been sold to a private property company in a deal valued at £1.5m.

Both deals were brokered by Robert Hepworth of the Sheffield office of Knight Frank on behalf of the vendor, Helphire Group.

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The business park is fully let to tenants including AIG and Spencers Solicitors.

James Church, property and facilities manager at Helphire Group, said “The disposal of these properties was part of Helphire’s recent financial restructur- ing.”

Knight Frank Associate Robert Hepworth said: “This is a high yielding freehold office investment opportunity.”