Freehold Retail Investment
Freehold Retail Investment
Crewe is a market town located 27 miles south-west of Manchester City Centre. The property is located in the town centre on pedestrianised Market Street overlooking Market Square. Occupiers close by include Starbucks (adjacent), Boots, Costa, Barclays, HSBC, William Hill, Subway, Betfred, Savers and Specsavers.
Freehold.
Crewe is a market town located 27 miles south-west of Manchester City Centre. The property is located in the town centre on pedestrianised Market Street overlooking Market Square. Occupiers close by include Starbucks (adjacent), Boots, Costa, Barclays, HSBC, William Hill, Subway, Betfred, Savers and Specsavers.
Freehold.
The property is arranged over ground and one upper floor to provide a ground floor shop with first floor ancillary accommodation above.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property is arranged over ground and one upper floor to provide a ground floor shop with first floor ancillary accommodation above.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reversion | |
|---|---|---|---|---|---|---|---|
| Ground First |
Retail/Ancillary Ancillary |
108.10 sq m 60.80 sq m |
(1,164 sq ft) (654 sq ft) |
GAME RETAIL LIMITED (1) |
15 years from 25/03/2004 on a full repairing and insuring lease |
£37,500 | 24/03/2019 |
| Total |
168.90 sq m |
(1,818 sq ft) |
£37,500 | ||||
(1) For the year ended 30th July 2016, Game Retail Limited reported a turnover of £583,890,000, pre-tax profits of £6,868,000 and a total net worth of £72,104,000 (Source : Experian 12/01/2018). Website: www.game.co.uk
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