Sold £750,000 - Commercial
We are delighted to offer this exciting freehold, ground floor retail investment/development opportunity with residential upper parts located in Blackfen Road, Sidcup. The opportunity comprises; ground floor retail premises, currently trading as a motor trader on an informal tenancy. The upper parts contain 2 residential flats, which are both let on an ASTs at £1170- there is a one bed rented at £495pcm and 2 bed rented at £675pcm. Total current income is £26,040 per annum. The whole site covers approximately 0.14acres, with forecourt to the front of the building and rear garage/ storage area.
Blackfen Road is a very busy collection of independent retailers, garages, bars, building companies, high street banks and building societies including the nearby Co-Op store which offers a free 2 hours customer carpark.
Sidcup is a district of South East London, primarily in the London Borough of Bexley and just 11 miles from South East of Charing Cross. The nearest mainline train station is Falconwood.