Station Lane in Chesterfield has been snapped up by M Core in an indisclosed deal. Credit: CPP

Retirement prompts disposal of East Midlands trading estate

10 November 2026 12:43 Mike Sheridan Comments ()

Sheet Anchor has snapped up a 105,200 sq ft multi-let estate in Old Whittington, bringing to an end 43 years of ownership by Chesterfield firm DLS Construction.

The sale of the site, which is around two miles from Chesterfield town centre, was prompted by the retirement of director Sue Smith, who founded the firm in 1983.

West Midlands-based asset management firm Sheet Anchor, which is part of the M Core Group, purchased the estate for an undisclosed sum and will operate it as a going concern. They will also continue to maintain and also refurbish the site.

The deal included 52 units of industrial accommodation, part open storage and various containers used for light and general industrial use and warehousing.

Commercial property solicitors Howard Wade and Abi Johal of Sheffield’s MD Law advised DLS on the transaction, while RYRE acted for the purchaser. Osborne Clarke’s provided legal advice to Sheet Anchor.

“DLS had owned Station Lane Industrial Estate for more than 40 years and sees them handing over this successful business asset to a major property investment group as the director looks to retire,” said Wade.

“This wasn’t a straight forward transaction, but the collaborative work between our team and the Osborne Clarke team ensured we achieved a successful deal seeing a well established industrial estate change hands with a secure future.”

Will Helm, associate director of LCP UK, part of M Core, added: “This acquisition reflects our long-term approach to investment and adds a complementary asset and well-established industrial estate to our UK industrial portfolio.

“We’re looking forward to investing in the asset and working closely with occupiers over the long term.”