- SHOP & UPPER PART FOR SALE FREEHOLD
- MIXED USE COMMERCIAL INVESTMENT 2 FLATS ON AST's + SHOP ON LEASE
- GROUND FLOOR APPROX 1200 SQ FT
- PARKING FOR 8 CARS AT REAR
Contact
Contact
A three storey end terraced building comprising shop to the ground floor which has the benefit of 4 car parking spaces plus two self-contained flats above (361a , 3 bedrooms & 361b, 2 bedrooms), both of which are let on AST's. and have the benefit of 2 car parking spaces each at the rear. The shop has been extremely well fitted out as a skin and lazer clinic and has an overall frontage of approximately 7.1m and a total depth of 15.7m. The lease provides for agreed stepped rent increases* whereby from September 2024, the rent will be £16,500 and from September 2025, it will be £18,000pa. for the remainder of the term. SHOP LET ON 10 YEAR LEASE FROM 29th SEPTEMBER 2020 SHOP LEASE IS OUTSIDE THE L&T ACT 1954 CURRENT RENT £15,000 PA WITH STEPPED INCREASES* FLAT A PRODUCES £1200 PCM - TENANT HOLDING OVER FLAT B PRODUCES £960 PCM TOTAL RENTAL INCOME THEREFORE £40,920PA GROSS* RENT INCREASES TO £41,700 PA FROM SEPTEMBER 24 REPLACEMENT UPVC DOUBLE GLAZED WINDOWS 8 CAR PARKING SPACES.
Situated on the East side of Bexley Road close to the intersection with Colyers Lane from where there is access into the rear car park. Other shops in the parade include Electrics Shop, sandwich bar, funeral directors, newsagents and a beauty parlour. This is a busy main road position on the outskirts of Barnehurst and Bexleyheath.