Description

Able Estates are pleased to bring to the market this Freehold Investment Commercial property currently trading as an Indian take away with the current tenants having 6 years remaining on a fr&I Lease paying a rent of £11,250 per annum. The Lease expires February 2025 with a Rent Review February 2021.

This Commercial property is in a central location close to Bexleyheath Train Station and well positioned for M25/A2 and various bus routes. This would suit an experienced investor looking to increa Continued...

Property features

  • Valuable freehold investment property
  • Currently trading as A well established indian take away
  • Situated on A busy parade
  • Densley populated residential area
  • Current tenants have 6 years remaining on an fr&I lease
  • Sought after location
  • Parking to front
Travel time to work:

  • Bexleyheath - 0.07km, 1 mins walk
    • National Rail
  • Barnehurst - 1.98km, 30 mins walk
    • National Rail
  • Welling - 2.12km, 32 mins walk
    • National Rail

Rental Yield

Average rental value

£143pw

Average weekly rent of nearby studios.

Annual rental yield

3.9%

Gross yield if rented for the average rent.

Sale price

We don't have average sale prices for studios in this area. Sorry!

Price growth

Last 5 year price growth

Property prices in this area have increased at this rate per year over the last 5 years.

Estimated Value in 5 years

If historic price growth continues, this property could be worth this much in 5 years.

Similar properties within 500m

Loading

Search nearby areas

Marketed by

Able Estates
287 Bexley Road, Erith, DA8 3EX

01322 584701

Contact agent