A single late Victorian end of terrace two storey retail premises unit 1st floor office accommodation. Located in a prominent position on a busy main road and in a good secondary trading location. The property is arranged internally over ground and first floor providing sales, store, kitchenette and WCs on both levels. The ground floor benefits from a glazed shop frontage extending to the gable where there is also secondary access.

LOCATION
The property is located on Nantwich Road (A534) next to the junction of Edleston Road (A5078) leading into Crewe town centre and approximately 0.3 miles from Crewe train station. There are a range of other retail/commercial occupiers within close proximity to include Thai corner, Art Nails, Porta Italian together with a range of other independent operators.

DESCRIPTION
A single late Victorian end of terrace two storey retail premises unit 1st floor office accommodation. Located in a prominent position on a busy main road and in a good secondary trading location. The property is arranged internally over ground and first floor providing sales, store, kitchenette and WC’s on both levels. The ground floor benefits from a glazed shop frontage extending to the gable where there is also secondary access.

ACCOMMODATION
Ground Floor: Sales area: 437 sq. ft.
Storeroom 1: 83 sq. ft.
Storeroom 2: 24 sq. ft.
Kitchenette: 17 sq. ft.
WC: –

First Floor: Office 1: 171 sq. ft.
Office 2: 171 sq. ft.
Storeroom: 47 sq. ft.
WC: –

Total NIA 950 sq. ft.

SERVICES
All mains services are connected. Please note that no services have been tested by the agents.

TERMS
Available freehold subject to existing tenancy in place at an asking price of £100,000 which against the current rental income of £8,250 p.a. provides a gross ROI of 8.25%.

OUTGOINGS
1st April 2017 assessment, £7,800 p.a. The tenant is responsible for the business rates liability.

VAT
The sale will not be subject to VAT.

OTHER
EPC
Band D (asset rating 90)

TENANCIES
Occupied by Jane Davies trading as Star Travel by way of a 4 year FRI lease from 25/09/2015 at an annual rent of £8,250.

106 Nantwich Road,
Crewe
CW2 6AT
  • Commercial Investment

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