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    Key features

    • Freehold Shop Investment
    • Well located in the centre of Crewe
    • Entirely let to Greggs on a lease expiring September 2027
    • Rent rebased from £37,000 pa in 2022
    • Arranged over 1,269 sq ft
    • Nearby occupiers include Hays Travel, Claire's Accessories, EE, Boots Opticians and many others
    • VAT is applicable
    • Investment let at £10,000 p.a. (10.52% GIY on Guide Price)

    Description

    The property is arranged over ground and one upper floor to provide a ground floor shop with ancillary accommodation above.

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor - 66.0 sq m (710 sq ft)

    First Floor - 51.9 sq m (559 sq ft)

    Total - 117.9 sq m (1,269 sq ft)

    Tenancy

    Let to Greggs Plc on an effectively full repairing and insuring(FRI) lease for a term of 5 years from September 2022 at £10,000 per annum.


    The lease provides for a tenant break option at the 3rd anniversary (not exercised),


    Greggs Plc   

    D&B Rating: 5A 1      

    Turnover: £2,014,400,000·       

    Pre-tax profit: £203,900,000·       

    Shareholders Funds: £572,300,000

    (Source: Icans 29.05.2025)

    Rent

    £10,000 pa

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


    Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Crewe, with a population of approximately 63,500, is an important commercial centre serving the affluent south Cheshire region. There is an estimated catchment within a 10 mile radius of just over 125,000.

      The property is situated on the junctions of Market Street and Earle Street, in an established trading location.

      Nearby occupiers include Hays Travel & Claire's Accessories (adjacent), EE, Boots Opticians, Coral, Vodafone and Card Factory.

      Transport

      Road - The town is approximately 8 km west of Junctions 16 and 17 of the M6 Motorway and completion of the A550 has greatly improved access to the town centre from surrounding villages.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums