Totalling approximately 3,457.90 sq m (37,222 sq ft) with car parking
Approximate site area of 0.29 hectares (0.72 acres)
Close proximity to Crewe’s main shopping facilities
Active management/redevelopment potential (subject to consents)
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 79
Auction 23rd March 2016
Rent £104,950 per Annum
Status Sold Post
Price
Sector High Street Retail
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
23 miles south-east of Chester, 30 miles south of Manchester
Roads
A530, A534, A500, A51, M6 (Junctions 16 & 17)
Rail
Crewe Railway Station (36 minutes to Manchester Piccadilly)
Air
Manchester Airport
Situation
The property is situated in the heart of the town centre, occupying a prominent corner position on the east side of Edleston Road and the south side of High Street. Edleston Road is the principal route from Crewe town centre to the railway station and Crewe FC’s Alexandra Stadium. Nearby occupiers include Farm Foods, Home Bargains, Cancer Research, British Red Cross and a number of independent retailers. A public car park is situated to the rear of the property.
Tenure
Freehold.
Location
Miles
23 miles south-east of Chester, 30 miles south of Manchester
Roads
A530, A534, A500, A51, M6 (Junctions 16 & 17)
Rail
Crewe Railway Station (36 minutes to Manchester Piccadilly)
Air
Manchester Airport
Situation
The property is situated in the heart of the town centre, occupying a prominent corner position on the east side of Edleston Road and the south side of High Street. Edleston Road is the principal route from Crewe town centre to the railway station and Crewe FC’s Alexandra Stadium. Nearby occupiers include Farm Foods, Home Bargains, Cancer Research, British Red Cross and a number of independent retailers. A public car park is situated to the rear of the property.
Tenure
Freehold.
Description
The property comprises two unbroken and substantial retail and office parades with frontages to Edleston Road and High Street and being contiguous at the rear. Breedon House is a three storey building fronting Edleston Road and provides ground floor retail accommodation (10 units arranged as 7 shops), with self-contained office accommodation on the first and second floors accessed from Edleston Road. The office accommodation has been sub-divided into 15 suites. Regency Court is a three storey building fronting High Street and provides ground floor retail accommodation, with selfcontained office accommodation on the first and second floors, accessed from the rear. The office accommodation has been sub-divided into 5 suites. Units 40, 44 and 46 High Street and the first and second floor offices of Regency Court have been stripped out. Additionally, the property benefits from car parking to the rear.
Six week completion
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 two unbroken and substantial retail and office parades with frontages to Edleston Road and High Street and being contiguous at the rear. Breedon House is a three storey building fronting Edleston Road and provides ground floor retail accommodation (10 units arranged as 7 shops), with self-contained office accommodation on the first and second floors accessed from Edleston Road. The office accommodation has been sub-divided into 15 suites. Regency Court is a three storey building fronting High Street and provides ground floor retail accommodation, with selfcontained office accommodation on the first and second floors, accessed from the rear. The office accommodation has been sub-divided into 5 suites. Units 40, 44 and 46 High Street and the first and second floor offices of Regency Court have been stripped out. Additionally, the property benefits from car parking to the rear.
Six week completion
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x.
Review/ (Reversion)
Breeden House
245-247
Ground
Retail/Ancillary
126.44 sq m
(1,361 sq ft)
INDIVIDUAL (t/a Crewe International Supermarket)
5 years from 22/12/2011
£17,500
(21/12/2016)
249-251
Ground
Retail/Ancillary
129.22 sq m
(1,391 sq ft)
LADY VERDIN TRUST (t/a The Purple Onion)
Approximately 5 1/2 years from 01/04/2014
£17,500
(07/10/2019)
253-255
Ground
Retail/Ancillary
112.22 sq m
(1,208 sq ft)
WULVERN HOUSING LIMITED (1)
5 years from 04/08/2011
£16,000
(03/08/2016)
257
Ground
Retail/Ancillary
50.16 sq m
(540 sq ft)
VACANT
259 1 Car Parking Space
Ground
Retail/Ancillary
49.42 sq m
(532 sq ft)
INDIVIDUAL (t/a Tax Matters)
10 years from 20/12/2011 (2)
£7,500
21/12/2017 (20/12/2021)
261
Ground
Retail/Ancillary
45.89 sq m
(494 sq ft)
INDIVIDUAL (t/a Style Counsel)
10 years from 24/06/2007
£6,250
(23/06/2017)
263-265 & 48 High Street
Ground
Retail/Ancillary
177.16 sq m
(1,907 sq ft)
INDIVIDUAL (t/a Sloneczko Convenience Store)
5 years from 24/06/2013
£20,000
(23/06/2018)
1 Car Parking Space
INDIVIDUAL (t/a Style Counsel)
Let on Licence
£200
Suite 1
First
Office
70.51 sq m
(759 sq ft)
CATCH 22
3 years from 22/01/2016 (3)
£6,000
(21/01/2019)
Suite 2B
First
Office
58.99 sq m
(635 sq ft)
INDIVIDUAL (t/a Tax Matters)
5 years from 22/01/2016 (3)
£4,000
(21/01/2021)
Suite 5
First
Office
59.36 sq m
(639 sq ft)
HOMECARE4U LIMITED
2 years from 10/10/2012
£4,000
Holding over
Suites 2A-13
First & Second
Office
991.07 sq m
(10,688 sq ft)
VACANT
Regency Court
VACANT
36 High Street, Suites 1-5
First & Second
Office
660.05 sq m
(7,105 sq ft)
VACANT
30 High Street
Ground
Retail/Ancillary
143.81 sq m
(1,548 sq ft)
VACANT
38 High Street
Ground
Retail/Ancillary
244.79 sq m
(2,635 sq ft)
THE LATH GROUP
3 years from 15/10/2014
£6,000
(14/10/2017)
40 High Street
Ground
Retail/Ancillary
104.97 sq m
(1,130 sq ft)
VACANT
42 High Street
Ground & First
Retail/Ancillary
259.19 sq m
(2,790 sq ft)
VACANT
44 High Street
Ground
Retail/Ancillary
79.89 sq m
(860 sq ft)
VACANT
46 High Street
Ground
Retail/Ancillary
94.76 sq m
(1,020 sq ft)
VACANT
Totals
3,457.90 sq m
(37,222 sq ft)
£104,950
(1) The tenant is not currently in occupation. (2) The lease provides for a tenant option to determine on 21st December 2019. (3) The lease provides for annual mutual options to determine on each anniversary of the term.
