Sold
- Retail Property (high street)
- Tenure: Leasehold. The property is held on a 999 year lease from 14th August 2012 (thus approximately 989 years unexpired).
Call the team on 020 7625 9007 for more information
A Ground Floor Shop Subject to a Tenancy Producing £8,500 Per Annum
The property comprises a ground floor shop situated within a mid terrace building arranged over ground and two upper floors.
Tenure
Leasehold. The property is held on a 999 year lease from 14th August 2012 (thus approximately 989 years unexpired).
Location
The property is situated on a mixed-use road close to local shops and amenities. The open spaces of Poverest Park are within easy reach. Transport links are provided by St Mary Cray rail station.
Accommodation
Ground Floor Shop Area GIA approx. 60 sq. m (646 sq. ft)
Tenancy
The property is subject to a lease for a term of 15 years commencing 25th March 2015 at a rent of £8,500 per annum. The tenant has been in occupation for over 20 years.
The vendor has advised us that they have served notice upon the tenant for a revised rent of £12,500 per annum to be payable from 25th March 2020 in respect of the outstanding rent review.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
