LOT 18

35 Sidcup Hill, Sidcup, Kent, DA14 6HJ

FREEHOLD MIXED USE COMMERCIAL/RESIDENTIAL INVESTMENT COMPRISING A SHOP AND TWO FLATS

Result: Sold for £337,000 Guide price: £225,000 PLUS*

Auction Date

Thursday, 16th December 2021 12:00pm

BY ORDER OF I WAIGHT & B TOBIN AS FIXED CHARGE RECEIVERS

A two storey mid-terraced property comprising a ground floor shop with separate front access to 2 self-contained flats (one a rear ground floor and one first floor). Forming part of a local parade on the A211 Sidcup Hill, just off the High Street where there are a number of national occupiers including KFC, little Waitrose and Travelodge as well as a variety of independent retailers. Sidcup railway station is within a mile.

Accommodation

Ground Floor Shop: 168 sq ft (15.66 sq m)
Rear Ground Floor Flat: Studio with shower room
First Floor Flat: 2 bedrooms, kitchen/diner, bathroom/toilet

Tenancy Details

Ground Floor Shop: Let on a FRI lease to A N Nathaniel (trading as a barber) for 3 years from 19.08.2016 (holding over) at £6,600 p.a.
Rear Ground Floor Flat: Occupied on terms unknown.
First Floor Flat: Occupied on terms unknown although the tenant advises that a rent of £700-£800 per calendar month is paid by Bromley Housing Association.

We are expecting the tenancy details for both of the flats imminently, prospective purchasers should refer to the addendum or the legal pack for this information.

EPC Rating

Shop = C
Studio Flat = D
First Floor Flat = D

Note

Auction Surveyor: Steven Cane
Contact: 020 8509 4472 steven.cane@strettons.co.uk

Status

Sold for £337,000

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.