Entirely let to Ladbrokes Betting & Gaming Limited on a recently renewed 10 year lease (subject to option)
Approx. 356.75 sq m (3,840) sq ft
Prominent corner town centre location
Retailers close by include Starbucks, HSBC, William Hill, Specsavers, Subway, Asda and a range of local businesses
VAT free investment
Lot 54
Auction 30th October 2025
Rent £30,000 per Annum Exclusive
Status Available
Guide* £330,000
Sector High Street Retail
Auction Venue Live Streamed Auction
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
The property is situated in a prominent retailing location on the pedestrianised Market Street , close to its junction with with Chester Street, overlooking Market Square. Occupiers close by include Starbucks, HSBC, William Hill, Specsavers, Subway, Asda and a range of local businesses.
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
The property is situated in a prominent retailing location on the pedestrianised Market Street , close to its junction with with Chester Street, overlooking Market Square. Occupiers close by include Starbucks, HSBC, William Hill, Specsavers, Subway, Asda and a range of local businesses.
Tenure
Freehold.
Description
The property comprises a betting office arranged over the ground floor with ancillary accommodation on first and second floors.
VAT
VAT is not applicable to this lot.
Note
Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a betting office arranged over the ground floor with ancillary accommodation on first and second floors.
VAT
VAT is not applicable to this lot.
Note
Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Ground First Second Basement
Retail Ancillary Ancillary Ancillary
172.70 83.90 77.60 23.00
(1,853) (904) (835) (248)
LADBROKES BETTING & GAMING LIMITED (t/a Coral)
10 years from 20/12/2025 (1)
£30,000 (2)
20/12/2030
Total
(356.75) (3)
(3,840) (3)
£30,000
(1) The property is currently let to Ladbrokes Betting & Gaming Limited on a lease expiring on 19/12/2025. A new lease has completed, commencing on 20/12/2025 and is subject to a tenant only option to determine on the 28/09/2030. (2) The tenant will benefit from a one month rent free period from 20/11/2025 and then half-rent until 19/12/2026.The Seller will 'top-up' the rent from completion of the sale until the end of concessionary rental period, so the property will effectively produce £30,000 per annum from completion of the sale. (3) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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