TYPEGeneral Retail, Mixed Use, Retail, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON4th September 2020
An opportunity to acquire a freehold commercial building in Bexleyheath. The ground floor commercial unit measures approx. 3,100sqft and the uppers comprise 3 flats sold off on long leases. The property occupies a favourable corner location and the commercial unit boasts a dual aspect and triple frontage. There are 3 allocated car parking spaces to the rear and the property.
For investors there is an opportunity to rent the unit out in its entirety, or split the units into separate spaces & let them individually to maximise the rental return. Owner occupiers have an opportunity to acquire a business headquarters on the busy Broadway which has a great curb appeal.
Each of the long leashold flats produces a ground rent of £50pa, and two of the flats have strong reversionary value with only 66 & 68 years remaining.