Summary
A large and adaptable retail/office unit located on the increasingly popular High Street on the outskirts of Crewe town centre. Rory Mack Associates have been successful in renting several units along this road in the last 18 months and as such the location has become vibrant, busy and popular with tenants. As well as the new businesses the area is benefiting from a huge investment by Cheshire East Council in creating the Southern Gateway with the new public realm space directly opposite this retail unit. The Southern Gateway is a phased scheme of regeneration and investment to create a walkway and cycle route from the south including the train station into the centre of Crewe. The property briefly comprises an open plan sales area and rear sales/storage area with exit to rear. The unit benefits from window frontage onto High Street and 1 car parking space to the rear.
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.
https://www.cheshireeast.gov.uk/business/major_regeneration_projects/crewe-town-centre-regeneration-programme/repurposing-our-high-streets/repurposing-our-high-street-grants.aspx
Key Points
Prime location retail/office unit in area of regenerationSelf contained ground floor unit extending to 1,020 sq ftAdjacent to the Southern Gateway walkway and cycle pathEPC: C (51)
Services
Mains electric, water and drainage are connected. No services have been tested by the agents.
VAT
The rent is not subject to VAT
Tenure
Available by way of a new Internal Repairing and Insuring lease for a minimum of 3 years and with rent reviews every 3 years. The tenant will be responsible for the fee of £250 plus VAT for the preparation of the lease.
Business Rates
Rateable value £11,750
Rates payable £5,863.25 pa (24/25)
Note: If you qualify for Small Business Rates Relief you should be entitled to a 100% rates payable exemption.
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 at the far end of High Street alongside a number of other businesses who have recently taken occupation. The building is a 10 minute walk from the centre of town and 20 minutes walk from the train station. Crewe town centre is located 6 miles to the west of junction 16 of the M6 motorway.