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Unit 1, 254 Blackfen Road, Sidcup, Kent, DA15

Fixed Price
£280,000

£491.23 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

570 sq ft

53 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Floor Plan
1

Key features

  • Rental Income: £22,500 p.a.
  • Gross Initial Yield: 8.04%
  • Let until November 2030. No breaks
  • Rent review on 01.12.28 linked to RPI

Description

Investment Consideration:
Gross Initial Yield: 8.04%
Rental Income: £22,500 p.a.
VAT is NOT applicable to this property
Comprises double fronted retail shop with allocated outdoor space at front
Nearby occupiers include Tesco Express, Costa Coffee, Coral Betting and Post Office, amongst number of local traders including estate agent, grocery store and more.

Property Description:
Comprises ground floor retail shop, with allocated outdoor space at front which is suitable for car parking or retail area, providing the following accommodation and dimensions:
Ground Floor: 53 sq m (570 sq ft)
Open plan retail, Storage, WC, Outdoor Space

Tenancy:
The property is at present let to Macies Ltd for a term of 7 Years from 1st December 2023 at a current rent of £22,500 p.a. and the lease contains full repairing and insuring covenants. Rent review on 01.12.28 linked to RPI. No breaks. Deposit held of £5,625.

Tenure:
Long Leasehold. Held on a 999 year lease from 22nd July 2024 at a ground rent of peppercorn.

Location:
Sidcup is an area of south-east London, England, primarily in the London Borough of Bexley. It is 11.3 miles south-east of Charing Cross, bordering the London Boroughs of Bromley and Greenwich. Sidcup Train Station provides the area with South-eastern services to London Charing Cross, London Cannon Street via Lewisham, Woolwich Arsenal, Dartford and Gravesend. East Rochester Way on the A2 road runs partly through the district, adjoining Blackfen Road. The road provides links to the Blackwall Tunnel and Kent. Situated on an established parade amongst the local shops and amenities of Blackfen Road. Nearby occupiers include Tesco Express, Costa Coffee, Coral Betting and Post Office, amongst number of local traders including estate agent, grocery store an

Brochures

Unit 1, 254 Blackfen Road, Sidcup, Kent, DA15

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Welling Station1.0 miles
  • Falconwood Station1.1 miles
  • Sidcup Station1.2 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

Notes

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Disclaimer - Property reference unit1-254. 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 Blue Alpine, London. 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.

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