Mixed Use
A mixed use investment opportunity located in a prominent position fronting both Nantwich and Edleston Road, Crewe. The accommodation consists of 7 recently refurbished one bedroom apartments and 2 retail units, held under separate leases along with parking areas. Current income £79,760 pa with scope to increase.
Accommodation and Tenancy Details:
109A Nantwich Road
Commercial unit held on an 8 year term commencing 31.12.24 with rent passing £10,800 pa inside LTA 1954 (1141 sq. ft). Rent review: 31/12/29; Guarantor in place.
109B Nantwich Road
One bedroom flat held on a 12 month AST commencing 24.05.24 with current rent £540pcm (474 sq. ft).
111-113 Nantwich Road
Commercial unit held on a 11 year lease commencing 01.02.24 with current rent passing £17,000 pa inside LTA 1954 (2336 sq. ft). Rent review: 31/12/29; Two guarantor in place
111A Nantwich Road
One bedroom flat held on a 12 month AST commencing 26.03.25 with current rent £625pcm (775 sq. ft).
113A Nantwich Road
One bedroom flat held on a 12 month AST commencing 09.10.24 with current rent £550pcm (775 sq. ft).
2 Edleston Road
One bedroom flat held on a 12 month AST commencing 27.02.25 with current rent £750pcm (721 sq. ft).
4 Edleston Road
One bedroom flat held on a 12 month AST commencing 21.03.25 with current rent £565pcm (506 sq. ft).
6 Edleston Road
One bedroom flat held on a 6 month AST commencing 09.12.25 with current rent £650pcm (506 sq. ft).
6A Edleston Road
One bedroom flat held on a 6 month AST commencing 19.12.25 with current rent £650pcm (474 sq. ft).
We feel the rents are some way below market values with scope for increase. Interested parties are advised to inspect the legal pack for more information and contact the Auctioneers for viewings.
Freehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 3% of the purchase price inc VAT.
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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding 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.
