Retail premises for sale in 59-67 Market Street, Crewe, Cheshire CW1, £350,000

350,000.00

Offer Nr.:
65113792
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Rory Mack Associates
Phone(s):
01782 933762

* Freehold
* Substantial town centre retail property for sale or to let
* Very competitive rent
* Ground floor sales: 5, 672 sq ft
* First floor storage or office: 5, 575 sq ft
* Close to national retailers such as Greggs, EE and Vodafone
* EPC: D (82)
**General Description**
A large mid terraced retail unit with 5, 600 sq ft of ground floor sales plus a
similar quantity of first floor ancillary storage or office accommodation. The
property is located in a prime location surrounded by large national companies
on the pedestrianised section of Market Street in Crewe town centre. Crewe is
currently undergoing huge regeneration with a scheme agreed in 2017 to
drastically improve the area. The regeneration includes demolishing some of
the older retail buildings and the old bus station and replacing these with a
new shopping centre and bus station as well as a large multistorey car park,
all of which will significantly benefit the area. The premises benefits from a
substantial frontage to Market Street and a rear loading bay with hgv access,
a goods lift and air conditioning to the sales area.
**Location**
The substantial retail unit is located in the middle of Crewe town centre
close to national retailers such as Greggs, Vodaphone, EE and Claires
Accessories. The site is also within 100 yards of the new bus station and
multistorey car park currently being built.
**Services**
Mains electric, water and drainage are connected. Heating and cooling is
provided by multiple air conditioning units. No services have been tested by
the agents.
**Vat**
The sales price and rent is subject to VAT.
**Tenure**
Available by way of a new Internal Repairing and Insuring lease by way of
service charge for a minimum of 3 years and with rent reviews every 3 years
and with each party bearing their own legal costs associated with the lease.
Also available freehold, subject to contract and with vacant possession upon
completion.
**Business Rates**
Rateable value £102, 000
Rates payable £50, 898 pa (23/24)
Note: Retail, hospitality and leisure relief – You could be entitled to 75%
off your business rates bills for the 2023 to 2024 tax year (1 April 2023 to
31 March 2024).
**Accommodation**
Ground floor sales: 5, 672 sq ft
First floor office/storage: 5, 575 sq ft
WC: - -
Total gia: 11, 247 sq ft
**Anti Money Laundering**
In accordance with the anti - money laundering regulations, two forms of
identification will be required (e. g. Photographic driving license, passport,
utility bill) from the applicant and a credit check may also be required, the
cost of which will be the responsibility of the applicant. Where appropriate
we will also need to see proof of funds.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)