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22-24 High St

1,072 SF Retail Building Chislehurst BR7 5AN £1,150,000 (£1,073/SF)

Investment Highlights

  • Mixed use investment opportunity
  • Parking area/rear yard
  • Prime location

Executive Summary

The property is held freehold and subject to the following leases and tenancies, copies available on request; The ground floor commercial premises are vacant and currently being marketed on a new lease basis at a guide rent of £50,000pax. The residential accommodation is each let to two private individuals on periodic tenancies producing a combined income of £28,800 per annum. Total Income: £28,800.00 pax.

Property Facts Sale Pending

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,072 SF
Building Class
B
Year Built
1900
Price
£1,150,000
Price Per SF
£1,073
Tenancy
Single
Number of Floors
2
Building FAR
0.41
Lot Size
0.06 AC
Frontage
21 ft on High St

Amenities

  • 24 Hour Access
  • Bus Route
  • Security System
  • Signage
  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 987 SF
  • Retail
  • In-Line
  • Now

The available accommodation is set out over ground floor level and currently arranged internally to provide double fronted retail space, partitioned storage and changing room, rear staff areas and WC. Externally, a rear garden/yard area is available in addition to parking for 2-3 vehicles. The premises are available to let on the basis of a new effectively Full Repairing and Insuring lease for a term of years to be agreed at a commencing rent of £50,000 (Fifty Thousand Pounds) per annum exclusive of VAT, payable quarterly in advance.

Space Size Space Use Position Available
Ground 987 SF Retail In-Line Now

Ground

Size
987 SF
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 987 SF
Space Use Retail
Position In-Line
Available Now

The available accommodation is set out over ground floor level and currently arranged internally to provide double fronted retail space, partitioned storage and changing room, rear staff areas and WC. Externally, a rear garden/yard area is available in addition to parking for 2-3 vehicles. The premises are available to let on the basis of a new effectively Full Repairing and Insuring lease for a term of years to be agreed at a commencing rent of £50,000 (Fifty Thousand Pounds) per annum exclusive of VAT, payable quarterly in advance.

Nearby Major Retailers

Ww - Weight Watchers
HSBC
Barclays
Zizzi
Côte Brasserie
Caffe Nero
Costa Coffee
Sainsbury's
Kings
Co-op
  • Listing ID: 30686324

  • Date on Market: 18/01/2024

  • Last Updated:

  • Address: 22-24 High St, Chislehurst BR7 5AN

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