Summary
A very well presented two storey retail unit located on Victoria Street in the pedestrianised centre of Crewe. The property would suit a range of retail, professional services or office based businesses and has a generous sales area.
The first floor has two good sized office/storage rooms with staff toilet. The property benefits from a 3 phase electric supply, suspending ceiling, air conditioning units and a powered coated aluminium window frontage. There is the opportunity for the ingoing tenant to apply for the repurposing our high streets grant, available via Cheshire East Council. Up to £30,000 is available to pay for refurbishment, equipment and a new shop front.
Key Points
Retail/office premises in Crewe town centreTotal GIA 1,620 sq ft with 1,016 sq ft of ground floor salesClose to national retailers such as Waterstones and Lloyds Bank‘Repurposing our High Streets’ grants availableEPC: Band E (107)
Services
Mains electric, water and drainage are connected. Heating is provided by warm and cold air conditioning units. No services have been tested by the agents.
VAT
The rent is not subject to VAT
Tenure
Available by way of assignment of the current FRI lease which is due to expire on the 10th February 2026 at a passing rent of £15,000 pax. The landlord has indicated that they would be willing to offer a new FRI lease on longer terms. Each party to be responsible for their own legal costs.
Business Rates
Rateable value £23,500
Rates payable £11,726.50 pa (24/25)
Note: Retail, hospitality and leisure relief – You could be entitled to 75% off your business rates bills for the 2024 to 2025 tax year.
Anti-money Laundering Regulations
In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.
Location
The property is located on Victoria Street alongside a range of high street shops including Waterstones, Three and The E-Cig Store. The property is serviced by the new multistorey car park opposite and the market centre car park behind.