Commercial Property
A freehold property located along Market street Crewe formerly occupied by Burton/Dorothy Perkins offered part let part with vacant possession upon completion.
The property extends a total 7,205 sq. ft. occupying a prominent position.
79/83 Market Street (former Burton/Dorothy Perkins) - Vacant.
Comprising ground floor 2,792 sq. ft.
First Floor 3,179 sq. ft.
Basement 941 sq. ft.
77 Market Street (let)
Comprising ground floor retail let at £10,000 pa extending 293 sq. ft. held on a 5 year tenancy agreement recently signed. Interested parties are advised to inspect the legal pack for more information.
The property may benefit from future redevelopment for a variety of uses, subject to all necessary consents/permissions and current tenancy. Interested Parties are referred to Cheshire East Council.
Crewe is an important commercial centre and historic town in the affluent South Cheshire region. The town benefits from good road networks to the north and south being 5 miles west of junctions 16 and 17 of the M6 motorway. The town is also a proposed hub station on phase 2 of the HS2 rail line. The property is situated on the south side of the pedestrianised Victoria Street, Crewe's main retailing centre, at its junction with Market Street. The property is a few metres to both Victoria Square Shopping Centre and Market Centre, with retailers including B&M, Argos, Wilko and Iceland. Other retailers in the area include Greggs, Lloyds Bank, Waterstones, Pound Baker and Boots.
These sales details are awaiting vendor approval.
Freehold. Part let/part vacant.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
