SIDCUP 50 & 50a High Street DA14 6EH FREEHOLD FOR SALE TWO VACANT SELF CONTAINED A1 RETAIL UNITS WITH DEVELOPMENT POTENTIAL (STPP)
Location Sidcup is a busy residential suburb situated on the North Kent border some 12 miles south-west of Central London. Sidcup Mainline Station provides services to London (Charing Cross and Waterloo), with a journey time of approximately 30 minutes. The property is situated in a prominent position within the central section of the High Street. Surrounding occupiers include a mixture of independent and national retailers.
Description The property comprises 2 mid terrace retail units over ground floor forming part of a 3 storey building. 50 High Street is arranged to provide front sales area with a number of rear storage rooms that have the potential to be selfcontained (stpp) with separate entrance from rear. 50a High Street is arranged to provide front sales area, rear ancillary and storage at first floor level. The upper floor flats have been sold on 99-year leases at a ground rent of £50 per annum.
Accommodation (with approximate dimensions and floor areas)
50 High Street (former sandwich bar) Net Frontage 7’4” 2.24m Depth: 37’6” 11.43m Lobby to rear store/staff room, store and kitchen. 50a High Street (former photography studio) Net Frontage: 10’5” 3.2m Depth: 48’6” 14.8m Ground Floor: 442sq.ft 41sq.m First Floor: 158sq.ft 14sq.m Gross Frontage: 22’5” 6.8m Rear yard, accessed via Nelson Road.
THE PROPERTY MISDESCRIPTIONS ACT 1991 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order of fit for the purpose. Prospective Purchasers/Lessees are advised to obtain verification from their Solicitor or Surveyor. References to the tenure of this property are based on information supplied by our Clients. The Agent has not had sight of the Title Documents and prospective Purchasers/Lessees are advised to obtain verification from their Solicitor. These Particulars do not form, nor form any part of, an offer or contract. Neither Linays Commercial nor any of their employees has any authority to make or give further representations or warranties to the property
Ref: MC/4164
Price
Commercial Energy Performance Certificate
Offers are sought in the region of £200,000 (Two Hundred Thousand Pounds) for the freehold interest, with vacant possession.
Rating Assessment We understand from the Valuation Office Agency (VOA) website that the rateable value on the premises are as follows; 50 High Street £7,000pa (2016/17 assessment). 50a High Street £6,100pa (2016/17 assessment). Interested parties are strongly advised to check the actual rates liability with the local authority directly.
Legal Costs
Viewings
Each party to bear their own legal costs incurred in this transactions with the purchaser to give an undertaking for the vendors abortive legal costs should they withdraw from the transaction.
Available by prior appointment via Linays Commercial Limited.
VAT
Contact: Adrian Tutchings Mandeep Cheema
We have been advised by our clients that VAT will NOT be payable upon the sale amount.
Email:
[email protected] [email protected] THE PROPERTY MISDESCRIPTIONS ACT 1991 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order of fit for the purpose. Prospective Purchasers/Lessees are advised to obtain verification from their Solicitor or Surveyor. References to the tenure of this property are based on information supplied by our Clients. The Agent has not had sight of the Title Documents and prospective Purchasers/Lessees are advised to obtain verification from their Solicitor. These Particulars do not form, nor form any part of, an offer or contract. Neither Linays Commercial nor any of their employees has any authority to make or give further representations or warranties to the property