Commercial properties for sale in Sidcup, Kent, this area only

An opportunity to purchase a prominent freehold property located in the centre of Sidcup High Street comprising a large ground floor commercial unit and four flats on first and second floors which are sold off on a long leasehold basis. The Ground floor commercial unit is currently let to Loungers UK Limited on a brand new 15-year FRI lease from January 2024 and therefore has 13 years unexpired at a current passing rent of £85,000 per annum with 5 yearly upward only, market rent reviews (January 2029 & January 2034). The four flats which are located across first and second floor levels offer reversionary value as they are owned on 99-year leases which commenced in September 1980 meaning they currently have 54 years unexpired.

272 Sherwood Park Avenue comprises a ground floor commercial unit, currently owner-operated as Bonnies Boutique, with a privately let two-bedroom flat above. To the rear, a large split-level yard benefits from pending planning consent for a self-contained two-bedroom dwelling across lower ground and ground levels, offering strong development potential. The commercial unit extends to approximately 631 sqft, with a primarily open-plan layout in good condition, ideal for retail or office use. The two-bedroom flat above measures approximately 506 sqft, featuring a spacious rear reception, kitchen, family bathroom, and two front facing bedrooms overlooking Sherwood Park Avenue.