Auction House London

Lot 29

Mixed Use - Commercial Property 

7 Gloucester Parade

Sidcup, Kent, DA15 8PS


Guide Price (plus fees)

A Freehold Commercial and Residential Investment Producing £56,510.40 Per Annum


The property comprises a mid terrace building arranged to provide a ground floor shop, a one bedroom self-contained flat and a three bedroom HMO situated within a terraced building arranged over ground and two upper floors.


The property is situated on an established parade amongst the local shops and amenities of Blackfen Road. Nearby multiples include Coral, Costa and numerous other local traders. Transport links are provided by Sidcup rail station.

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
Shop Ground Shop Area Let on a commercial lease from 28th April 2017 £11,000.04 pa
Flat 1 Ground One Bedroom Flat Let on 18 month AST from 20/03/20 £13,800 pa
Flat 3 First Studio Room, Kitchenette, Bathroom Let on a 36 Month Tenancy from 27/08/20 £10,200 pa
Flat 4 Second Studio Room, Kitchenette Let on a 36 Month Tenancy from 9/6/20 £10,800 pa
Flat 5 Second Studio Room, Kitchenette Let on a 12 Month AST from 9/9/20 £10,710.36
Bathroom Second Shared Shower Room and WC N/A N/A

Additional Fees and Disclaimer

Administration charge: £1,500 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.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. 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.

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Open House Viewings: For further information, please register for the legal pack. For all enquiries, please contact Jordan Phillips at
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

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Lot 87

32 York Street Ramsgate, Kent, CT11 9DS

*Sold for £235,000

Enquire about 7 Gloucester Parade, Blackfen Road, Sidcup, Kent, DA15 8PS

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