GENERAL DESCRIPTION
A large mid terraced retail unit with 1,151 sq ft of ground floor usable space. The property is currently laid out as offices with partitioned walls and a sectioned off customer waiting area at the front, all of which can be removed to create an open plan sales area. The premises benefits from frontage onto Market Street and a rear loading area off Sandon Street, air conditioning to the sales area and electronically controlled security doors to the front. There is the opportunity for the ingoing tenant to apply for the repurposing our highstreets grant, available via Cheshire East Council. Up to £30,000 is available to pay for refurbishment, equipment and a new shop front.
The unit is available for occupation from 1st August 2024 when the current tenancy ends. Earlier occupation may be possible and can be discussed with the office direct.
https://www.cheshireeast.gov.uk/business/major_regeneration_projects/crewe-town-centre-regeneration-programme/repurposing-our-high-streets/repurposing-our-high-street-grants.aspx
Location
LOCATION
The retail unit is located in the middle of Crewe town centre close to national retailers such as HSBC, Nationwide, New Look and Coral. The site is also within 100 yards of the new bus station and multistorey car park. Crewe is a University town with a population of around 75,000 people and is currently undergoing huge regeneration with a scheme agreed in 2017 to drastically improve the area. The regeneration includes demolishing some of the older retail buildings and the old bus station and replacing these with a new bus station as well as a large multistorey car park, all of which will significantly improve the area.
Accommodation
ACCOMMODATION
Ground floor sales 482 sq ft
Front office 141 sq ft
Middle office 128 sq ft
Rear office 128 sq ft
Kitchen & seating 108 sq ft
Cupboard 22 sq ft
Internal corridor 143 sq ft
WC -- Total 1,152 sq ft
Terms
TENURE
Available by way of a new Full Repairing and Insuring lease for a minimum of 3 years and with rent reviews every 3 years and with each party bearing their own legal costs associated with the lease.
Specification
SERVICES
Mains electric, water and drainage are connected. Heating and cooling is provided by multiple air conditioning units. No services have been tested by the agents.
VAT
The rent is not subject to VAT.
BUSINESS RATES
Rateable value £24,500
Rates payable £12.225.50 pa (23/24)
Note: Retail, hospitality and leisure relief – You could be entitled to 75% off your business rates bills for the 2023 to 2024 tax year (1 April 2023 to 31 March 2024).
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.