Auction House London

Lot 48A

End of Terrace - Houses 

35A Forest Road

Erith, Kent, DA8 2NU

Sold for £198,000

A Commercial & Residential Investment Producing £19,800 Per Annum

Description

The property comprises an end of terrace building arranged to provide a ground floor shop and a one bedroom first floor flat above. The flat benefits from it's own entrance.

Tenure

Freehold

Location

The property forms part of a local parade primarily occupied by local traders and McColl's. Numerous green open spaces are within easy reach. Transport links are provided by Slade Green rail station which is just a short walk away.

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
Shop Ground Shop Area, Kitchenette, WC Let on a 5 Year FRI lease to Trinity Funeral Homes (MRK Partnerships) from 5th May 2021 £7,800
Flat First One Bed Flat Let on a 6 month AST from 28th April 2021 at a rent of £1,000 pcm £12,000

Additional Fees

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.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about 35A Forest Road, Erith, Kent, DA8 2NU

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