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Floorplan
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    Key features

    • Freehold three storey mixed use investment
    • Comprising ground floor takeaway restaurant with a self-contained three bedroom flat above
    • Approximate total GIA 175 sq m (1,880 sq ft|)
    • Current Rent Reserved £54,400 per annum
    • Forming part of a well established retail parade
    • Situated between Sidcup and Welling
    • By order of the LPA Receivers
    • Investment let at £54,400 per annum (Gross Initial Yield 15.8% at Guide)

    Additional information

    Tenure

    Freehold

    Rent

    £54,400 per annum
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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      Situated to the north side of Blackfen Road, close to its junction with Westwood Lane.

      Sidcup is a popular commuter suburb approximately 12 miles south east of London.

      The property forms part of a well established retail parade, other nearby occupiers include Coral, Costa, Co-op, Day Lewis Pharmacy and Betfred.

      A busy trunk road with parking. Adjacent to the A20, with the A2 to the north.

      Sidcup Rail Station provides services to London Charing Cross and Waterloo, with a journey time of approximately 20 minutes.

      Transport

      Sidcup Rail Station - National Rail

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums