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3 bedroom retail property (out of town) for sale

Main Road, Sidcup, Kent, DA14

Under Offer £450,000
1,571 sq. ft.

Property Description

Commercial information

  • 1,571 sq ft (145 sq m)

Key features

  • Shop
  • Maisonette
  • Forecourt
  • Office
  • Three Bedrooms

Full description

Tenure: Freehold

The property is situated within an established parade in a predominantly residential area. The parade includes a convenience store/ off licence & pharmacy. Sidcup is a busy suburb located on the North Kent border within The London Borough of Bexley. New Eltham railway station which provides a direct link to Cannon Street and Charing Cross Stations.

Comprises a mid-terrace period building arranged on ground and two upper floor levels. The property offers a shop unit with private forecourt currently used for parking with rear store/office and small rear yard (accessed via a shared roadway). To the rear of the property and linked to the front section there is a warehouse arranged on ground and first floors which it is considered offers potential for conversion to provide office or residential accommodation, subject to the grant of planning permission. The property also includes a self-contained maisonette offering lounge, bathroom, kitchen and currently three bedrooms.

(with approximate gross floor areas)

Forecourt: currently used for parking
Shop: 430 sq ft (39.95 m)
Store/Passage: 145 sq ft (13.47 m)
Former kitchen/Office: 120 sq ft (11.15 m)

Rear Warehouse (accessed via shop/front store or via the rear yard). Internal staircase.

Ground floor: 438 sq ft (40.69 m)
First floor: 438 sq ft (40.69 m)

Freehold for sale:
Offers invited in excess of 450,000.

We understand from the Valuation Office Agency (VOA) website that the rates payable on the premises are assessed as follows (2016/2017):

Shop & premises: 3,876.60
Store & Premises: 1,515.85
Maisonette: Council Tax Band C

Interested parties are strongly advised to check the actual rates liability with the local authority directly.

We have been advised by our clients that VAT will NOT be payable upon the sale price under current legislation.

Each party is to be responsible for their own legal and professional fees in respect of any transaction.

More information from this agent

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