£650,000

Property for sale

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Freehold

£650,000

(£90.08/sq. ft)

Property for sale

West Street, Crewe CW1

7,216 sq. ft

Local area information

Property location

Nearby amenities

  • Underwood West Academy 0.5 miles
  • Wistaston Academy 0.7 miles
  • Crewe 1.7 miles
  • Nantwich 3.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Crewe to find out more about the local area.

Features and description

  • Freehold
An excellent multi-occupied commercial investment consisting of a detached two storey office building and on-site parking. The current gross income is £70,621.68 pa based on sale and 10 year leaseback of the ground floor nursery in addition to the existing tenants.

Description

The office building is two storey of steel frame construction with rendered brick elevations under a pitched concrete tile roof. The ground floor is divided into two separate suites. The front suite is fitted to a high standard including suspended ceiling, carpets, curved glazed partitioning, air-conditioning, security alarm, kitchen and toilet facilities.
The rear suite trades as a children's day nursery, fitted to the same high standard with secure access, air-conditioning, kitchen and toilet facilities and fenced external area. The nursery also has use of the small storage shed located to the rear of the property.
The first floor offices have a separate access to the left side of the property frontage with a staircase to the first floor landing. A secure coded door access provides security into the offices. The first floor has been partitioned to create four office suites with shared toilet and kitchen facilities. There is a second internal access to the ground floor used as a fire escape. All the suites benefit from suspended ceiling, carpet tiles, perimeter trunking and central heating.

Location

Accommodation

Metasi House
Ground Floor gia : 3,886 sq ft (361.01 sq m)
First Floor gia : 3,330 sq ft (309.41 sq m)

Measurements have been provided by a third party.

Services

All mains services are available subject to any reconnection which may be necessary.

Planning

Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Rating

The voa website advises the rateable value for 2024/25 is in the process of being reconfigured. Previous information is available on .
The standard non-domestic business rates multiplier is 54.6p. The small business multiplier is 49.9p up to a rateable value of £50,999. Small Business may benefit for upto100% on premises with a rateable value of up to £12,000 and a tapered relief for rateable values between £12,000 and £15,000.

Bjb recommends interested parties make their own enquiries into the business rate payable any further business rate relief which may be available.

Tenure - Freehold

Freehold subject to existing tenancies in place and a new tenancy for the ground floor nursery on completion.

Tenancies

Entigy: 2 year rolling contract which commenced 1st August 2024 at a rate of £12,196.68 per annum ex VAT
Utilities share: 25%

Bema: 6 years which commenced 30th October 2023 and expires 29th October 2029 at a rate of £28,425 ex VAT per annum from 29th October 2024, with a break clause on 1st November, 2026
Utilities share: 35%

Little Steps will be a 10 year lease to commence on completion, at a rate of £30,000 per annum ex VAT with 3 yearly break clauses and 2 yearly rent reviews.
Utilities share: 40%

Epc

Energy Performance Certificate number and rating is 36B

Vat

VAT is applicable to the purchase price of the property.

Proof Of Identity

To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee.

Legal Costs - Sale

Each party is responsible for their own legal costs in respect of the sale of this premises.

Viewing

Strictly by appointment via bjb commercial, Suite 1, Albion House, No.2 Etruria Office Village, Forge Lane, Festival Park, Stoke-on-Trent, ST1 5RQ
Telephone . Opening hours are 9.00-5.30pm, Monday to Friday.

Floor plans and tours

Floor plans (2)

Floor plan 1
Floor plan 2

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Butters John Bee - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Butters John Bee - Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Cheshire
  4. Crewe
  5. West Street