Wed, 11 Feb 2026 | COMMERCIAL PROPERTY
A buyer is being sought for a retail and office property in central Chesterfield following the collapse of the company that owns it. Dents Chambers in Chesterfield's New Square is a 63-year-old, four-storey building comprising a number of retail outlets and several floors of office space
The sale comes as owner New Square Properties Limited is being wound up. Nathan Jones and John Lowe of FRP Advisory were appointed as joint fixed charge receivers of the business on October 22 2025.
Nathan Jones, joint fixed charge receiver and partner at FRP Advisory, commented: “The property represents an attractive investment opportunity, combining a prominent central location with a mix of retail and office accommodation and a base of established tenants generating ongoing income.”
“We are actively welcoming enquiries from commercial landlords and property investors interested in a well-positioned, income-generating asset with long-term potential.”
Interested parties have been instructed to contact Tim Simmons of Sanderson Weatherall.
While the joint fixed charge receivers are inviting offers for the property, it is currently being managed by FRP during the receivership. FRP is overseeing maintenance, collecting rents under the property’s existing tenancy agreements and ensuring that operations continue without disruption for current occupants.
Constructed in 1962 for Dents the Chemist, which entered administration in 2023, the property comprises ground floor retail units and office space across the upper floors. The ground floor units are currently home to a bargain retail store, an outlet of sandwich chain Subway and several charities.
In a micro–entity balance sheet for the year ending March 29 2024, New Square Properties Limited reported fixed assets valued at £990,526 and current assets of approximately £965,000, with total net assets amounting to £1.5 million.
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