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Just added
Offers over
£500,000
Property for sale
277 Main Road, Sidcup, Kent DA14Local area information
Property location
Nearby amenities
- Longlands Primary School 0.2 miles
- Dulverton Primary School 0.4 miles
- Sidcup 0.8 miles
- New Eltham 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Sidcup and New Eltham to find out more about the local area.
Features and description
- Freehold mixed-use investment in Sidcup for sale
- Comprises commercial unit and 3-bedroom flat
- Opportunity for vacant possession
- Producing £33,930 per annum
- 0.9 miles from Sidcup & New Eltham stations
- Offers in excess of £500,000
This three-storey, mixed use freehold building, comprises a ground floor commercial unit and a self-contained three-bedroom flat in the upper parts. The property is currently fully let, generating £33,930pa, however through active management there is potential to increase the rent, with yearly rent increases of 5% agreed on the commercial unit and the possibility of an increase on the residential rents.
The commercial unit is let on a licence of 5 years from 1st April 2023 starting at £12,600 per annum with annual increases of 5%. The current rent is now at £13,230 as of 1st April 2025. The license is subject to three months' notice from both the tenant and the landlord.
The residential part comprises a three-bedroom flat currently let on an AST until 31st December 2025. The current rent payable is £1,725 per calendar month.
Copies of the AST and license agreement are available upon request
The commercial unit is let on a licence of 5 years from 1st April 2023 starting at £12,600 per annum with annual increases of 5%. The current rent is now at £13,230 as of 1st April 2025. The license is subject to three months' notice from both the tenant and the landlord.
The residential part comprises a three-bedroom flat currently let on an AST until 31st December 2025. The current rent payable is £1,725 per calendar month.
Copies of the AST and license agreement are available upon request
More information
Listed by
Acorn - Bromley Commercial
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