Mixed Use - Commercial Property
125-129 Bellegrove Road
Welling, Kent, DA16 3QS
Guide Price (plus fees)
A Substantial Commercial and Residential Investment Comprising A Triple Fronted Commercial Unit Arranged as a Restaurant and Five Flats Arranged Over First, Second and Third Floors Fully Let Producing £99,420 Per Annum. There is Potential to Add an Additional Four Flats (Subject to Obtaining all Necessary Consents).
Planning permission was granted in 2003 for the conversion of 125a & 127a bellegrove road into four self contained flats but this was never implemented
Accommodation & Tenancy Schedule
|Property||Floor||Accommodation||Tenancy Details||Current Annual Rent|
|125-129 Bellegrove Road||Ground||Restaurant Area||16 Years from 2011 (Rent Review October 2022)||£40,200|
|125A Bellegrove Road||First & Second Duplex||Reception Room, Kitchen, Four Bedrooms, Bathroom||AST||£15,600|
|127A Bellegrove Road||First & Second Duplex||Reception Room, Kitchen, Four Bedrooms, Bathroom||AST||£15,600|
|129A Bellegrove Road||First||Reception Room, Kitchen, Bedroom, Bathroom||AST||£10,800|
|129B Bellegrove Road||Second||Reception Room with Open Plan Kitchen, Two Bedrooms, Bathroom||AST||£9,540|
|129C Bellegrove Road||Third||Studio Room, Kitchen, Bathroom||AST||£7,680|
Additional Fees and Disclaimer
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.
Enquire about 125-129 Bellegrove Road, Welling, Kent, DA16 3QS
Sign-up for our newsletter
Get the latest lot details along with new blog posts, straight to your inbox