Property description

Guide Price £230,000-£250,000. Bellegrove Property Services are delighted to offer for sale this double fronted commercial property. Situated in a prominent position on Crayford High Street, the property would suit a variety of uses (subject to consent). There is potential to separate the premises back into 2 individual shops. The premises has a kitchen, office areas and 2 wc's, and there is also rear vehicle parking for potentially up to 4 cars. Approximately 1300 square feet.

Approximately 1300 Square Foot

EPC Rating and Recommendations- See Photos

Presently A1 Use


Rent produced £14,000 year 1, £14,500 YEAR 2 rising to £15,000 in year 3. 10 year lease signed in March 2014 with upward only rent reviews.

Location
This freehold property is located on the busy Crayford High Street. Crayford lies between Bexleyheath and Dartford and has excellent transport links to London and A2 and M25 motorways.

Description
This property comprises a double fronted retail shop with 2 flats above which have been sold on long leases. The flats have 90 plus years remaining and the landlord collects insurance. The ground floor retail area is mainly open plan and well proportioned and will appeal to a variety of users. To the rear of the unit is an office, and small store area. There is also parking to the rear for several vehicles.

Terms
Flats have been sold on long leases.Rent produced from ground floor shops is £14,000 year 1, £14,500 year 2, £15,000 in year 3 on a new 10 year lease secured in March 2014. Upward only rent reviews.

Legals
Each party to pay their own legal costs in this transaction.

VAT
VAT is not applicable on the purchase of this property.

Property Features :

• FREEHOLD FOR SALE
• Currently Let on 10 year Lease
• x2 WC
• Parking to rear for up to 4 cars
• Office areas