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254-256 Blackfen Rd
Sidcup DA15 8PW

Retail Property For Sale

Investment Highlights

  • Largely residential area of South East London
  • Extremely prominent position on the corner of Blacken Road & Wellington Avenue
  • Excellent road links with the A210

Executive Summary

The subject property consists of three road facing E Class premises together with a workshop at the rear.
Unit 1 trading as Macies Ltd a shoe repair shop.
Unit 2 trading as Individual a barbers.
Unit 3 trading as Lumi Skin London Ltd a sunbed shop.
Workshop let independently as storage for a nearby restaurant.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
4,750 SF
Building Class
B
Year Built
1985
Price
£995,000
Price Per SF
£209
Net Initial Yield
8.24%
NOI
£82,000
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Frontage
50 ft on Blackfen Rd

Amenities

  • Bus Route
  • Signage
  • EPC - B
  • Storage Space
  • Listing ID: 32729971

  • Date on Market: 08/08/2024

  • Last Updated:

  • Address: 254-256 Blackfen Rd, Sidcup DA15 8PW

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