96-98 Sidcup High Street, Sidcup, Kent
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Tenure
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Parking
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- Primary use
- Mixed use
No floor / site plan
Key features
- Prominent freehold for sale in Sidcup
- Comprising Ground Floor Bar/Restaurant & Four flats
- Commercial let for to Loungers for £85,000 p/a (13 years unexpired)
- Flats sold off on long leasehold basis
- C.54 years remaining on residential leases
- Guide Price - £1.25m
Description
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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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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Brochure
96-98 Sidcup High Street, Sidcup, Kent
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Disclaimer - Property reference 36683FH. 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 Acorn Commercial, Acorn Commercial. 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.