1 bedroom terraced house for sale

Guide Price £125,000 £3000 plus vat
For sale by unconditional online auction.


To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

Situated in a prominent position on Heath Street, just a few doors down from Crewe Theatre, this retail unit offers an excellent investment opportunity in a bustling location. The property is currently let to a thriving nail bar business, ensuring immediate income for the buyer and long-term stability in a popular part of town.

Situated in a prominent position on Heath Street, just a few doors down from Crewe Theatre, this retail unit offers an excellent investment opportunity in a bustling location. The property is currently let to a thriving nail bar business, ensuring immediate income for the buyer and long-term stability in a popular part of town. Its proximity to the theatre and nearby amenities makes this a high-footfall area, adding to the attractiveness of the unit for future tenants or continued use.

The property currently generates an annual rental income of £18,000, offering an impressive return of over 14% based on the guide price. This strong yield, coupled with the established tenant, makes the property ideal for investors looking for a secure, income-producing asset in the heart of Crewe.

Similar Properties Sold Nearby:
26, Market Street, Crewe, CW1 2EL, Sold - 24/08/2023, £186,000
42, Market Street, Crewe, CW1 2EL, Sold - 15/05/2023, £187,500
33, Market Street, Crewe, CW1 2EW, Sold - 20/01/2023, £195,000

Tenure
Freehold

UNCONDITIONAL - Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.