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71 Watchgate

1,150 SF Vacant Retail Building Dartford DA2 7JY £475,000 (£413/SF) 7.03% Net Initial Yield

Investment Highlights

  • Subject property situated in a delightful village within the Dartford District
  • The busy B260 runs through the village and provides easy access to the nearby M25
  • The village is located some 3 miles south – east of Dartford town centre
  • Easy connection to the Dartford Crossing and the A2

Executive Summary

The subject property is comprised of a ground floor retail unit and a singular residential unit at first and second floor levels.
The current use of 71 Watchgate is as a barbers.
There is a front parking area for customers, and we understand that the premises has a small forecourt.
The property includes a rear garden, a shed plus garage.
The subject flat at first and second floor levels is accessed via a rear right of way.
For sale at £450,000.

Attachments

71-74 Watchgate

Property Facts Sale Pending

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,150 SF
Year Built
1980
Price
£475,000
Price Per SF
£413
Net Initial Yield
7.03%
NOI
£33,400
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
3
Building FAR
0.28
Lot Size
0.09 AC
Parking
2 Spaces (1.74 Spaces per 1,000 SF Leased)
Frontage
15 ft on Watchgate

Amenities

  • Bus Route
  • Signage
  • EPC - C
  • Listing ID: 33165670

  • Date on Market: 13/09/2024

  • Last Updated:

  • Address: 71 Watchgate, Dartford DA2 7JY

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