Sold £140,000
- Retail Property (high street)
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Commercial Investment Producing £17,000 Per Annum.
The property comprises a mid terrace building arranged to provide a ground floor retail unit with first floor ancillary space.
Tenure
Freehold
Location
The property is situated within Crewe City Centre, nearby multiples include Greggs, Starbucks and Halifax. The open spaces of Queens Park are within easy reach. Transport links are provided by Crewe rail station.
Accommodation
Ground Floor Shop Area First Floor Ancillary Space
Tenancy
The property is subject to a FRI lease to Hays Travel Limited for a term of 10 years commencing 6th August 2018 at a rent of £17,000 per annum. Upward only rent review from 6th August 2023 outstanding. Break clause was not exercised.
Current Rent Reserved
Current Rent Reserved £17,000 per annum
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
