2 bedroom retail property (high street) for sale164-164a Upper Wickham Lane,Welling,DA16
Under Offer 1,000 sq. ft. | £295,000
- 1,000 sq ft (92 sq m)
- Freehold For Sale
- Town Centre Location
Welling is located within the London Borough of Bexley and the subject premises occupy a prominent main road position on Upper Wickham Lane. The premises are conveniently located for Town Centre amenities and surrounding occupiers include a number of national and independent retailers.
The property comprises a mid-terrace building arranged on ground and first floors. The ground floor office offers a L-shape open plan area with rear store, kitchen and cloakroom/WC.
The first floor comprises a private flat approached via the rear leading to a spacious entrance hall with stairs to lounge, two bedrooms and fitted kitchen. The bedroom has a dressing room leading to the bathroom/WC. Our clients consider that potential exists for the future conversion of the ground floor offices to provide a two bedroom flat subject to the grant of planning permission.
The ground floor is occupied under a lease for a term of 5 years commencing 13/5/15 at a rental of £10,000 per annum exclusive, paid quarterly in advance.
The first floor is let upon an Assured Shorthold Tenancy (AST) at £850.00 per calendar month. The tenant is currently holding over.
Total Income: £20,200 per annum exclusive
£295,000, subject to the tenancies above.
More information from this agent
To view this media, please visit the on-line version of this page at www.rightmove.co.uk/commercial-property-for-sale/property-56678720.html?premiumA=true
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference 4418. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Linays Commercial, Kent. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.