Property photos
£725,000
Property for sale
361 Bexley Road, Northumberland Heath, Kent DA8Local area information
Property location
Nearby amenities
- Barnehurst Junior School 0.1 miles
- Barnehurst Infant School 0.1 miles
- Barnehurst 0.5 miles
- Erith 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Bexleyheath and Erith to find out more about the local area.
Features and description
- 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
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.
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.
More information
Listed by
John Payne Commercial
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