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AGENT'S DETAILS


Crewe – Freehold Shop and Offices Investment

For sale: £220,000.00|2718 Sq Ft|Office, Retail - High Street, Offices, Retail

PROPERTY DETAILS

FOR SALE£220,000.00
SIZE2718 Sq Ft
ADDRESS7 Earle Street, Crewe, Cheshire CW1 2BS
TYPEOffice, Retail - High Street, Offices, Retail
TENUREFor Sale Freehold
POSTED ON31st May 2020

DESCRIPTION

Investment Consideration:
Pedestrianised town centre location opposite Boots the Chemist.
Asset Management Opportunity (Under Rented).
The property is arranged on ground and two upper floors to provide a ground floor shop with self-contained office accommodation above, access to which is via the front of the property.
VAT is NOT applicable to this property .
Occupiers close by include Co-op Bank, EE, Vision Express, Specsavers, Marks & Spencer, O2, H Samuel, Card Factory, Vodafone, Poundland, Coral, William Hill, Co-op Travel, Greggs and Toni & Guy, amongst many others.

Property Description:
The property is arranged on ground and two upper floors to provide a ground floor shop with self-contained office accommodation above, access to which is via the front of the property.

The property provides the following accommodation and dimensions:
Ground Floor Shop: 109.10 sq m (1,174 sq ft)
First & Second Floor Office: 143.50 sq m (1,544 sq ft)

Tenancy:
The ground floor shop is at present let to Factory Seconds (Stoke) Limited t/a CAM Interiors for a term of 3 years from 17th August 2019 at a current rent of £10,000 per annum and the lease contains full repairing and insuring covenants. The first and second floor office space is at present let to Forrest Recruitment Ltd for a term of 6 years from 10th December 2015 at a current rent of £7,700 per annum and the lease contains full repairing and insuring covenants.

Location:
Crewe is an important commercial centre serving the affluent South Cheshire region and is located some 5 miles west of junctions 16 and 17 of the M6 Motorway. The town is home to the UK headquarters of the carmaker Bentley and is a proposed hub station on phase 2 of the HS2 rail line. The property is situated in a pedestrianised position on the north side of Earle Street, in the heart of Crewe town centre and opposite Boots the Chemist. The property is within close proximity to The Market Shopping Centre and is some 0.9 miles north-west of Crewe Rail Station. Occupiers close by include Co-op Bank, EE, Vision Express, Specsavers, Marks & Spencer, O2, H Samuel, Card Factory, Vodafone, Poundland, Coral, William Hill, Co-op Travel, Greggs and Toni & Guy, amongst many others.

LOCATION

Location: 7 Earle Street, Crewe, Cheshire CW1 2BS

Crewe (0.7 miles)

Sandbach (4.0 miles)

Nantwich (4.1 miles)

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