Land

Deadline for best and final offers 12:00 Tuesday 27th May 2025
Mixed-Use Investment Opportunity
7 bedroom HMO with Communal Spaces & a Retail Unit.
For Sale By Auction at 6.30pm on Monday 2nd June 2025
at the Double Tree By Hilton Hotel, Festival Park, Stoke on Trent, ST1 5BQ
Contact the Auction Team to Register:[use Contact Agent Button] or [use Contact Agent Button]

Description

The property is made up of a 7 bedroom HMO with communal spaces (Circa 195 sq.m) & a Retail / Office unit (Circa 28 sq.m) located within Crewe town centre.

Location

The property is located on Market Street, in Crewe Town Centre, close to Crewe Town Square. Crewe town centre plays host to a full range of amenities, including blue chip retailers such as Starbucks, Odeon, Taco Bell & Dunelm. The town is well connected via Crewe Railway Station, a major junction on the West Coast Main Line and serves as a rail gateway for North West England. Bus services in Crewe are operated predominantly by D&G Bus, with links to Congleton, Stoke, Macclesfield & Nantwich. The town is located less than 5 miles from the M6 Motorway for connectivity North to Manchester & South to Stoke, Stafford & Birmingham.

Local Council

|The site is located in the Council district of Cheshire East

Accommodation & Rental Values

The property comprises;

7 bedroom HMO & Communal Spaces (Circa 195 sq.m);

1. Bedroom & Ensuite (12 sq.m / 129 sq.ft)
- Estimated £525 pcm
2. Bedroom & Ensuite (12 sq.m / 129 sq.ft)
- Estimated £525 pcm
3. Bedroom & Ensuite (12 sq.m / 129 sq.ft)
- Estimated £525 pcm
4. Bedroom & Ensuite (12 sq.m / 129 sq.ft)
- Estimated £525 pcm
5. Bedroom & Ensuite (12 sq.m / 129 sq.ft)
- Estimated £525 pcm
6. Bedroom & Ensuite (12 sq.m / 129 sq.ft)
- Estimated £525 pcm
7. Bedroom & Ensuite (12 sq.m / 129 sq.ft)
- Estimated £525 pcm
8. Kitchen / Dining Area (16.7 sq.m / 179 sq.ft)
9. Bin / Cycle Store
10. Brew Station 1
11. Brew Station 2

Retail Unit / Office Space (Circa 28 sq.m) - Estimated £800 pcm

1. Shop / Office
2. W/c
3. Kitchen

Total Estimated Rental Income - £53,000 per annum.

Any sizes / values quoted by BJB are correct to the best of our knowledge, however we would recommended all interest parties carry out their own checks before relying on any information provided.

Tenure

Freehold - Subject to any existing tenancies. Please refer to the legal.

Current Occupants

There is currently 1 tenant in situ paying £455pcm - the remaining 6 rooms & Retail / Office are Vacant.

VAT

All prices quoted by Butters John Bee are exclusive of VAT unless otherwise stated. All interested parties should make their own enquiries to satisfy themselves with the VAT position.

Pre-Auction Offers

Any pre-Auction offers should be submitted via e-mail [use Contact Agent Button] offers will be forwarded to the client for consideration, but please be aware that the majority of clients prefer to let the marketing run for a period, prior to giving serious consideration to accepting any pre-Auction offer.

Common Auction Conditions

This property is sold subject to our Common Auction Conditions (a copy is available on request).

Buyers Admin Fee

A buyers administration fee of £1,800 including VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.

Legal Pack

Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor's solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.

Addendum

Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue.

Internet, Telephone and Proxy Bidding

We are pleased to announce that we are now back in the Auction room at the Double Tree Hilton Hotel (Moat House). However, we also have the other bidding options available: On-Line / Telephone / By-Proxy. You will need to register in advance and provide two forms of ID. Register at or contact the Auction Team on[use Contact Agent Button] or [use Contact Agent Button].

Legal Costs

Please refer to the auction pack in respect of any legal fees or search fees which may be due upon exchange or completion.

Deposit

Please note that a deposit of 10% of the purchase price (Min £3,000) will be due on Exchange of Contracts, whether the land / property is sold prior to Auction, in the Auction room or after the Auction.

Viewings

Strictly By Appointment with the BJB Land & New Homes Team.

All Enquiries

Alex Djukic BSc MSc
Regional Land Manager
Land & New Homes Team
[use Contact Agent Button]
[use Contact Agent Button]

Looking for Land & Development Opportunities ?

Please note that not all land & development opportunities will appear on our website. To ensure that you do not miss out on these opportunities please e-mail: [use Contact Agent Button] or call the Land & New Homes team to discuss your requirements.

Disclaimer

Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.

Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.