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109A, 111 & 113 Nantwich Road & 2, 4, 6 Edleston Road, Crewe, Cheshire CW2 6BA

Description

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.

Accommodation

Note
The lot is registered under three separate titles comprising 111 Nantwich Road, Crewe, CW2 6BA, 113 Nantwich Road, Crewe, CW2 6BA, 109A Nantwich Road, Crewe CW2 6BA and 2,4 + 6 Edleston Road, Crewe CW2 7HH.

Note
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Occupancy

Subject to a tenancy

Costs

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 3% of the purchase price 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.

Address

109A, 111 & 113 Nantwich Road & 2, 4, 6 Edleston Road, Crewe, Cheshire CW2 6BA

Guide Price

£625,000+

Key Features

  • Council Tax Band: A
  • Investment opportunity of 7 recently refurbished apartments and 2 Retail units
  • Passing rent of £79,760 with scope to increase
  • Long term commercial leases inside LTA (plus guarantors)
  • Low risk and low maintenance investment with refurbished residential aspect
  • Double digit yield and circa 7,700 Sq Ft of accommodation
  • Parking to the rear
  • EPC Rating: E D C C D D D D D

Our Nearest Office:

Manchester
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