Commercial Properties For Sale in Greater London
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Auction date - 21/10/2026 & 22/10/2026. Planning Permission Granted for Demolition of Existing Buildings (works undertaken) and Erection of a Four Storey Building comprising Ground Floor Commercial Floor Space (Class E) and Nine Flats with associated amenity space, cycle and refuse storage, O...
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An opportunity to purchase a prominent freehold property located in the centre of Sidcup High Street comprising a large ground floor commercial unit and four flats on first and second floors which are sold off on a long leasehold basis. The Ground floor commercial unit is currently let to Loungers UK Limited on a brand new 15-year FRI lease from January 2024 and therefore has 13 years unexpired at a current passing rent of £85,000 per annum with 5 yearly upward only, market rent reviews (January 2029 & January 2034). The four flats which are located across first and second floor levels offer reversionary value as they are owned on 99-year leases which commenced in September 1980 meaning they currently have 54 years unexpired.
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The property is arranged on basement and ground oor to provide a large ground oor and basement mixed retail investment. A1 and A3 use. The residential upper parts have been sold off on a 999 year lease at a peppercorn ground rent. Prominent corner position.Thriving residential and commercial area.
