Starbucks (adjacent), Close by Barclays, HSBC, William Hill, Subway and Boots
Near to Crewe Bus Station and car park
Lot 34
Auction 14th February 2018
Rent £37,500 per Annum Exclusive
Status Sold
Price £275,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of a Major Institution
Property Information
Location
Miles
27 miles south-west of Manchester, 13 miles north-west of Stoke-on-Trent, 19 miles south-east of Chester
Roads
A534, A500, A530, M6 (J17)
Rail
Crewe Railway Station
Air
Manchester City Airport
Situation
Crewe is a market town located 27 miles south-west of Manchester City Centre. The property is located in the town centre on pedestrianised Market Street overlooking Market Square. Occupiers close by include Starbucks (adjacent), Boots, Costa, Barclays, HSBC, William Hill, Subway, Betfred, Savers and Specsavers.
Tenure
Freehold.
Location
Miles
27 miles south-west of Manchester, 13 miles north-west of Stoke-on-Trent, 19 miles south-east of Chester
Roads
A534, A500, A530, M6 (J17)
Rail
Crewe Railway Station
Air
Manchester City Airport
Situation
Crewe is a market town located 27 miles south-west of Manchester City Centre. The property is located in the town centre on pedestrianised Market Street overlooking Market Square. Occupiers close by include Starbucks (adjacent), Boots, Costa, Barclays, HSBC, William Hill, Subway, Betfred, Savers and Specsavers.
Tenure
Freehold.
Description
The property is arranged over ground and one upper floor to provide a ground floor shop with first floor ancillary accommodation above.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property is arranged over ground and one upper floor to provide a ground floor shop with first floor ancillary accommodation above.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First
Retail/Ancillary Ancillary
108.10 sq m 60.80 sq m
(1,164 sq ft) (654 sq ft)
GAME RETAIL LIMITED (1)
15 years from 25/03/2004 on a full repairing and insuring lease
£37,500
24/03/2019
Total
168.90 sq m
(1,818 sq ft)
£37,500
(1) For the year ended 30th July 2016, Game Retail Limited reported a turnover of £583,890,000, pre-tax profits of £6,868,000 and a total net worth of £72,104,000 (Source : Experian 12/01/2018). Website: www.game.co.uk
