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Retail Premises In Prime Position, 12 Victoria Street, Crewe, CW1 2HE

1,060 Sq Ft / Retail / General Retail

Let - Last updated: 20 December 2022

This building is in the prime town centre position close to Market Indoor Shopping Centre.

Forming part of an imposing building with featured stonework to the first floor front elevation including a large Norman window providing an external view onto Victoria Street. The former use as a Café is to be discontinued and provides alternative use for a number of different commercial operators looking for a prime position in the town centre. ‘Internally, the property has an open plan ground floor sales area with stairs leading to a bright and airy first floor fully utilisable open space and separate fitted Kitchen. FOUR TOILETS are provided: One in the Ground Floor Shop, Two at First Floor convenient to its open plan area, & One in the Kitchen.

Location

12 Victoria Street forms part of a popular parade of mixed use properties located right in the centre of Crewe, a town currently undergoing major development and with the arrival of HS2 in the next 10 years more major investment is expected. The property is located in one of the busiest parts of the town centre and is surrounded by a number of national retailers, banks and businesses such as Halifax, Lloyds, Waterstones and The Works. The entrance for the Market Indoor Shopping Centre is within approximately 80 yards.

Accommodation

Ground Floor:

Sales area - 358 sq ft

First Floor:

Sales area - 474 sq ft

Kitchen - 228 sq ft

4 x toilets provided (1 ground floor shop, 2 first floor open plan area & 1 in the kitchen)

TOTAL NIA: 1,060 sq ft

Terms

SERVICES - All mains’ services are connected. Heating is provided by electrically powered ceiling mounted heaters. No services have been tested by the agents.

VAT - The rent is subject to VAT.

BUSINESS RATES:

Rateable Value: £XXX
Rates Payable: £XXX** pa (22/23)
** During the 22/23 financial year rates payable for retail properties is subject to a 50% discount.
Prospective tenants should make their own enquiries to confirm the amount of business rates payable for their proposed use of the property with Cheshire East Council’

TENURE - Available by way of a new Full Repairing and Insuring lease for minimum term of three years with rent set at: The proposed Rent Payable is Exclusive of Outgoings, plus Property Insurance Premium & Vat:

£XXX + VAT (£XXX per week) – year 1
£XXX + VAT (£XXX per week) – year 2
£XXX + VAT (£XXX per week) – year 3

Thereafter subject to a rent review and with each party paying their own legal fees.  The proposed rent is subject to the additional payment for Property Insurance Premium & Vat. Two months equivalent rent is payable in advance on entering into the lease, and the rent is payable monthly in advance thereafter. The tenant is responsible for all plate glass replacement & related insurance.

BUSINESS USE: Any planning permission(s) required are the responsibility of the prospective lessee before entering into a lease. Each party is responsible for their own legal costs in dealing with the lease. A detailed Inventory & schedule of condition will be provided by the landlord for tenant approval.

IMPORTANT NOTICE - Prior to applying for a lease, the prospective tenant(s) must undertake a full and detailed inspection of the external and internal areas and parts of the building and check all internal room measurements and floor areas and make all preliminary enquiries relating thereto to ensure their complete satisfaction.

ANTI MONEY LAUNDERING REGULATIONS - In accordance with the anti-money laundering regulations, all applicants are requested to provide: two forms of identification (eg. Passport, photographic driving license, utility bill). 

TENANT APPLICATIONS: All prospective tenant applications will be subject to a Credit Status Reference the cost of which will be the responsibility of the applicant and additionally, proof of funds, former landlord & business references etc.

Specification

  • Well presented retail unit in Crewe town centre
  • Total NIA 1,060 sq ft with 358 sq ft of ground floor sales
  • Prime position: All businesses considered
  • All enquiries welcome
  • EPC: 107 (Band E)


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