Retail Property (high street) for saleUpper Wickham Lane, Welling, DA16
Under Offer £750,000
- FREEHOLD GUIDE PRICE £750,000
- GROUND FLOOR RETAIL SHOP
- 3 SELF CONTAINED FLATS ABOVE
- FURTHER DEVELOPMENT POTENTIAL
- PAYABLE RATES £7560p.a.
At the rear, behind the showroom there is a warehouse/storage area, an office and kitchen and staff WC facilities. In total these rooms are approximately 1,170 sq.ft. Externally at the rear is a yard which provides off street parking and loading access for the warehouse.
ACCOMODATION: The residential premises comprise a two bedroomed flat at 76a Upper Wickham Lane and 2 one bedroomed flats at 78a/b Upper Wickham Lane.
Access to the accommodation is gained via an independent street level entrance to the front of the building.
The 2 bedroomed flats have been created through a recent conversion of part of the first floor.
We are advised the flat at 76a is occupied under an AST at a rent of £850 pcm and number 78b at a reduced rent of £775pcm. The remaining flat at 78a is occupied by a family member but if made available to the open market would in our opinion command a rent of around £740pcm.
TERMS: Guide price for the Freehold is £750,000
RATES: We understand from enquires with Bexley Council for the year commencing April 2015 the property has a rateable value of £15,750 with rates payable of approximately £7,560. We strongly recommend interested parties confirm the actual rates with the rating office of the London Borough of Bexley
Energy Performance Certificates (EPCs)
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