SIDCUP 1-3 GLOUCESTER PARADE BLACKFEN ROAD, BLACKFEN DA15 8PS TO LET - TRIPLE FRONTED RETAIL UNIT WITH A1/A2 USE (MAY SELL FREEHOLD)
Location Blackfen is a largely residential area of South East London within the London Borough of Bexley and located north of Sidcup. The property is situated close to the junction of Blackfen Road and Wellington Avenue in a busy district shopping area. Nearby occupiers are a mixture of local and national retailers including the Co-op supermarket with car park, Coral Bookmakers and the George Staples Public House. The A2 is approximately a half a mile away, which provides access into central London and east to the M25.
Description The building is of traditional brick construction under a pitched tile roof and comprises a triple fronted end of terrace unit over ground floor which has been merged to form a single banking hall. Internally the property is arranged to provide front sales/customer area with ancillary staff rooms, stores, vault, kitchenette and WC’s. Features include air conditioning, glazed frontage and gas central heating. The premises are considered suitable for a wide range of uses including A3 Restaurant (subject to planning).
Accommodation (with approximate dimensions and floor areas)
Net Frontage Sales Area Storage/staff Ground Floor Area
42’5” 1,746 sq ft 719 sq ft 2,465 sq ft
12.80m 160.20m² 66.79m² 229.00m²
Price/ Terms Please note the three residential flats over have been sold upon long leases produce a ground rent income The premises are and available to let on the basis of a newfor the benefit of the Flats not inspected. effectively full freeholder. repairing and insuring lease for a term of years to be agreed at a commencing rent of £35,000 (Thirty-Five Thousand Pounds) per annum exclusive. Alternatively, our client will consider a sale of the Freehold interest and we invite offers. The upper parts form part of the freehold and comprise 3 self-contained maisonettes (not inspected) sold off upon long leasehold interests.
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: 4529
Legal Costs
Commercial Energy Performance Certificate
Each party to bear their own legal and professional fees incurred in respect of this transaction.
VAT We have been advised by our clients that VAT not be payable upon the rental amount or sale price under current legislation.
Rating Assessment We understand from the Valuation Office Agency (VOA) website that the rates payable on the premises are £14,130.50 2017/18 assessment). Interested parties are strongly advised to check the actual rates liability with the local authority directly.
Viewings Available by prior appointment via:
Planning The property has most recently been used as a Bank falling under Class A2 (Financial and Professional Services) of the Town & Country Planning Use Classes Order 1987. We understand that permitted change to A1 Retail would be applicable but interested parties are advised to make their own enquiries to The London Borough of Bexley.
Contact: Mandeep Cheema
Email:
[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