210-212 Main Rd
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210-212 Main Rd
1,602 SF 100% Leased Retail Building Sidcup DA14 6RN $1,029,320 ($643/SF)
Investment Highlights
- Excellent transport links
- Garage / storage space to the rear
- Situated in a residential area
Executive Summary
A rare opportunity to acquire two neighbouring freehold properties on a corner plot with potential.
210 Main Road: currently arranged as a retail unit at ground floor and 1 bedroom flat at first floor, accessed from the rear. The ground floor (now vacant) was most recently used as a laundrette. The first floor one bedroom flat is let on an AST expiring in August 2024 at a current rent of £1,150pcm/ £13,800pa. This element of the property will be sold with the ground floor vacant, with the benefit of the AST/income from the flat.
212 Main Road: currently arranged as a retail unit at ground floor and 1 bedroom flat at first floor, accessed from Northcote Road. The ground floor was most recently used as an off-licence and grocery shop. The first floor one bedroom flat is currently occupied by a member of the vendor’s family. Both elements of the property will be sold with vacant possession.
210 Main Road: currently arranged as a retail unit at ground floor and 1 bedroom flat at first floor, accessed from the rear. The ground floor (now vacant) was most recently used as a laundrette. The first floor one bedroom flat is let on an AST expiring in August 2024 at a current rent of £1,150pcm/ £13,800pa. This element of the property will be sold with the ground floor vacant, with the benefit of the AST/income from the flat.
212 Main Road: currently arranged as a retail unit at ground floor and 1 bedroom flat at first floor, accessed from Northcote Road. The ground floor was most recently used as an off-licence and grocery shop. The first floor one bedroom flat is currently occupied by a member of the vendor’s family. Both elements of the property will be sold with vacant possession.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,602 SF
Building Class
C
Year Built
1980
Price
$1,029,320
Price Per SF
$643
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Frontage
17 FT on Main Rd
Amenities
- Bus Line
- Signage
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210-212 Main Rd
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