Close to Alexandra Stadium and Crewe Railway Station (36 minutes to Manchester Piccadilly)
Nearby occupiers include William Hill, Dominos Pizza and Tesco Express
On-site car parking for approximately 19 cars
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
Lot 58
Auction 11th February 2016
Rent £50,150 per Annum Exclusive
Status Sold Prior
Price
Sector Trade Counter/Builders Merchants
Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Joint LPA Receivers
Property Information
Location
Miles
12 miles north-west of Newcastle-under-Lyme, 32 miles south of Manchester, 38 miles south-east of Liverpool
Roads
A534, A500, A532
Rail
Crewe Rail (36 minutes to Manchester Piccadilly)
Air
Manchester International Airport
Situation
The property is situated just south of Crewe town centre on Nantwich Road (A534), the main arterial route through Crewe to Nantwich. The property is located close to Alexandra Stadium (home to Crewe FC), The Box Live Music Venue and Crewe Railway Station, which provides a direct service to Manchester Piccadilly in 38 minutes. Manchester Metropolitan University Cheshire Campus is located some 0.6 miles to the east. Other nearby occupiers include Domino’s Pizza and William Hill with Tesco Express, Best Western, McDonald’s and B&Q within a short walk.
Tenure
Freehold.
Location
Miles
12 miles north-west of Newcastle-under-Lyme, 32 miles south of Manchester, 38 miles south-east of Liverpool
Roads
A534, A500, A532
Rail
Crewe Rail (36 minutes to Manchester Piccadilly)
Air
Manchester International Airport
Situation
The property is situated just south of Crewe town centre on Nantwich Road (A534), the main arterial route through Crewe to Nantwich. The property is located close to Alexandra Stadium (home to Crewe FC), The Box Live Music Venue and Crewe Railway Station, which provides a direct service to Manchester Piccadilly in 38 minutes. Manchester Metropolitan University Cheshire Campus is located some 0.6 miles to the east. Other nearby occupiers include Domino’s Pizza and William Hill with Tesco Express, Best Western, McDonald’s and B&Q within a short walk.
Tenure
Freehold.
Description
The property comprises a standalone trade counter unit with on-site parking for approximately 19 cars to the front. The property also benefits from a yard area and servicing access via Hewitt Street to the rear.
Six Week Completion
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act
Receivers to the best of their knowledge, but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a standalone trade counter unit with on-site parking for approximately 19 cars to the front. The property also benefits from a yard area and servicing access via Hewitt Street to the rear.
Six Week Completion
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act
Receivers to the best of their knowledge, but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
GIA Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review (Reversion)
Ground
First
Trade Counter Ancillary
655.42 sq m
144.55 sq m
(7,055 sq ft)
(1,556 sq ft)
UNITED CARPETS (PROPERTY) LTD (t/a United Carpets and Beds) (1)
35 years from 02/02/1986 on a full repairing and insuring lease
£50,150
02/06/2016 (01/06/2021)
Totals
799.98 sq m
(8,611 sq ft)
£50,150
(1) United Carpets and Beds are the UK’s largest franchised flooring and bed retailer, with 62 stores nationwide. (www.unitedcarpetsandbeds.com 13/01/2016). The tenant is part of United Carpets Group Plc who for the year ending 31st March 2015, reported a turnover of £19,141,000, pre-tax profits of £1,211,000, and a total net worth of £4,065,000. (Source Experian Group 18/01/2016)
Contacts
Seller's Solicitors
DLA Piper LLP Victoria Square House, Victoria Square Birmingham B2 4DL
