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3 bedroom retail property (high street) for sale

Bellegrove Road, Welling, Kent, DA16

Under Offer £450,000

Property Description

Commercial information

  • Use class orders: A1 Shops

Key features

  • Freehold Investment
  • 3 Bedroom Flat (Vacant)

Full description

Tenure: Freehold

Welling is located within the London Borough of Bexley. The subject property is situated in a prominent position within an established parade. Surrounding occupiers include Shell, Papa Johns Pizza, Cooperative Funeral Care, Subway and William Hill .

The property comprises a mid-terrace unit with ground floor retail plus flat arranged on first and second floor.

133 is currently trading as a Polish Convenience Store and arranged to provide front retail space with rear ancillary, kitchen and cloakroom/ WC. The unit benefits from air conditioning, heating and double glazed frontage.

133a is set out over first and second floor level and accessed from the rear. The property is arranged to provide two reception rooms, utility room and separate kitchen. The second floor is arranged to provide three bedrooms and family bathroom.

Ground Floor (Tenanted)
Internal Width: 16'8" 5.1m
Depth: 33'9" 10.3m
Retail Unit: 651sq.ft 60sq.m

Upper Parts, 133a (Vacant)
First Floor: Two reception rooms, kitchen and utility room.
Second Floor: Three bedrooms and bathroom.

450,000 (Four Hundred and Fifty Thousand Pounds), subject to the FRI lease granted.

133 Bellegrove Road:
Let to a private individual upon a Full Repairing and Insuring lease for a term of 15 years expiring September 2025. The current rental is 13,000pax with upwards only rent reviews every five years with the next being in September 2020. The lease is granted within the security provisions of the Landlord & Tenant Act 1954 (as amended). The tenant is trading as a Polish Convenience Store.
133a Bellegrove Road:


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