Property photos
Fixed price
£240,000
(£558.14/sq. ft)
Retail premises for sale
Blackfen Road, Sidcup DA15430 sq. ft
Local area information
Property location
Nearby amenities
- Days Lane Primary School 0.4 miles
- Blackfen School for Girls 0.4 miles
- Welling 1 mile
- Sidcup 1.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Welling and Avery Hill to find out more about the local area.
Features and description
- Rental Income: £19,500 p.a.
- Gross Initial Yield: 8.13%
- Let until November 2033.
- Rent review on 15.11.28 linked to rpi
- VAT is not applicable to this property
Investment Consideration:
Gross Initial Yield: 8.13%
Rental Income: £19,500 p.a.
VAT is not applicable to this property
Comprises ground floor retail shop with allocated outdoor space at front
Nearby occupiers include Tesco Express, Costa Coffee, Coral Betting and Post Office, amongst number of local traders including estate agent, grocery store and more.
Property Description:
Comprises ground floor retail shop, with allocated outdoor space at front which is suitable for car parking or retail area, providing the following accommodation and dimensions:
Ground Floor: 40 sq m (430 sq ft)
Open plan retail, Storage, Outdoor Space
Tenancy:
The property is at present let to an Individual t/a Barber Shop for a term of 10 Years from 15th November 2023 at a current rent of £19,500 p.a. And the lease contains full repairing and insuring covenants. Rent review on 15.11.28 linked to rpi. Tenant option to determine on 15.11.28 with min 6 months notice. Deposit held of £4,875.
Tenure:
Long Leasehold. Held on a 999 year lease from 22nd July 2024 at a ground rent of peppercorn.
Location:
Sidcup is an area of south-east London, England, primarily in the London Borough of Bexley. It is 11.3 miles south-east of Charing Cross, bordering the London Boroughs of Bromley and Greenwich. Sidcup Train Station provides the area with South-eastern services to London Charing Cross, London Cannon Street via Lewisham, Woolwich Arsenal, Dartford and Gravesend. East Rochester Way on the A2 road runs partly through the district, adjoining Blackfen Road. The road provides links to the Blackwall Tunnel and Kent. Situated on an established parade amongst the local shops and amenities of Blackfen Road. Nearby occupiers include Tesco Express, Costa Coffee, Coral Betting and Post Office, amongst number of local traders including estate agent, grocery store and more.
Gross Initial Yield: 8.13%
Rental Income: £19,500 p.a.
VAT is not applicable to this property
Comprises ground floor retail shop with allocated outdoor space at front
Nearby occupiers include Tesco Express, Costa Coffee, Coral Betting and Post Office, amongst number of local traders including estate agent, grocery store and more.
Property Description:
Comprises ground floor retail shop, with allocated outdoor space at front which is suitable for car parking or retail area, providing the following accommodation and dimensions:
Ground Floor: 40 sq m (430 sq ft)
Open plan retail, Storage, Outdoor Space
Tenancy:
The property is at present let to an Individual t/a Barber Shop for a term of 10 Years from 15th November 2023 at a current rent of £19,500 p.a. And the lease contains full repairing and insuring covenants. Rent review on 15.11.28 linked to rpi. Tenant option to determine on 15.11.28 with min 6 months notice. Deposit held of £4,875.
Tenure:
Long Leasehold. Held on a 999 year lease from 22nd July 2024 at a ground rent of peppercorn.
Location:
Sidcup is an area of south-east London, England, primarily in the London Borough of Bexley. It is 11.3 miles south-east of Charing Cross, bordering the London Boroughs of Bromley and Greenwich. Sidcup Train Station provides the area with South-eastern services to London Charing Cross, London Cannon Street via Lewisham, Woolwich Arsenal, Dartford and Gravesend. East Rochester Way on the A2 road runs partly through the district, adjoining Blackfen Road. The road provides links to the Blackwall Tunnel and Kent. Situated on an established parade amongst the local shops and amenities of Blackfen Road. Nearby occupiers include Tesco Express, Costa Coffee, Coral Betting and Post Office, amongst number of local traders including estate agent, grocery store and more.
Floor plans and tours
Floor plans (1)
More information
Listed by
Blue Alpine Partners
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