Blackfen Road, Sidcup, DA15

*FREEHOLD MIXED USE INVESTMENT OPPORTUNITY*

An excellent opportunity to acquire the FREEHOLD INTEREST in a prominent MIXED USE BUILDING located on the well-established Blackfen Road retail parade.

The property comprises a GROUND FLOOR COMMERCIAL UNIT together with the *** FREEHOLD ONLY *** of a SEPARATE ALREADY OWNED LEASED SELF- CONTAINED FIRST FLOOR RESIDENTIAL FLAT/MAISONETTE ON LONG LEASE.

PLEASE NOTE: THE ALREADY OWNED FIRST FLOOR FLAT/MAISONETTE IS TOTALLY INDEPENDENT FROM THE SALE OF THE GROUND FLOOR COMMERCIAL PREMISES (Length of lease remaining is  approximately 90 years). For reference: LESSEES TITLE: SGL799552. 

THE VACANT GROUND FLOOR COMMERCIAL UNIT REQUIRES FULL RENOVATION  and had a change of use to Class A1 with permission granted with conditions Monday 14 February 2011 Reference: 10/02182/FUL.

The premises provide purchasers with flexibility for owner-occupation, investment, or repositioning to maximise future rental income.

Key Property Features:

- GROUND FLOOR COMMERCIAL PREMISES FOR SALE
- PLEASE NOTE: THE ALREADY OWNED FLAT ABOVE IS TOTALLY INDEPENDENT FROM THE SALE OF THIS COMMERCIAL  PREMISES with approximately 90 years remaining on the lease and ONLY THE FREEHOLD TITLE IS OFFERED. 
- The Current Freeholder currently benefits from £100 ground rent from leaseholder per year of the flat above. (The seller also advised us that there are no service charge attached). 
- The LEASEHOLDER in the FLAT/MAISONETTE ABOVE contributes 50% to total insurance cost of building.

Key Location Features:

- Prominent position on Blackfen Road
- Suitable for investors, owner-occupiers and developers
- Three private parking spaces located at the front of the property.
- Excellent visibility and frontage.
- Established retail and residential location
- Good transport links and local amenities nearby

IN SUMMARY: The property presents a great opportunity to acquire a freehold asset in a sought-after South East London location with the benefit of an income-producing residential element and a vacant commercial unit capable of generating future rental income, or occupation by an owner-user.

Further details available upon request.

*PLEASE NOTE SOME OF THESE IMAGES ON THE LISTING ARE A.I GENERATED AND ARE NOT A REFLECTION OF REALITY. THEY HAVE BEEN UPLOADED TO MERELY PUT FORWARD THE POTENTIAL OF THE PREMISES.*

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TENURE:                        FREEHOLD* . 

* AGENTS NOTE: THE SEPARATE ALREADY OWNED FLAT/MAISONETTE HAS ITS OWN ACCESS AND IS TOTALLY INDEPENDENT FROM THE SALE OF THIS COMMERCIAL AGREED ON A LONG LEASE DATED 27.09.3018 BEING 134 YEARS FROM 25 DECEMBER 1982. (90 YEARS REMAINING). LESSEES TITLE:SGL799552

GROUND RENT:              (CURRENTLY £100) IS PAYABLE BY THE CURRENT LEASEHOLDER OF THE FLAT TO THE FREEHOLDER.

SERVICE CHARGE:           N/A.

BUILDING INSURANCE:    50% SHARED BETWEEN FLAT OWNER ABOVE AND THE COMMERCIAL UNIT. 

CEEC RATING:                 (For the Commercial Premises):        C 

EEC RATING:                   (For The First Floor Flat/ Maisonette: E

IMPORTANT NOTICE: Key Property Consultants , their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Key Property Consultants have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

3. Floor plans – FOR IDENTIFICATION ONLY. Measurements and location of rooms, windows, doors etc. is approximate and should not be relied upon.

Key Property Consultants Limited. The Fold, 114 Station Road, Sidcup, Kent. DA15 7AE