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Freehold investments available in Chislehurst London with annual rental income of £86000

Chislehurst, London
Under Offer: FREEHOLD INVESTMENTS FOR SALE Photo 1
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Under Offer: FREEHOLD INVESTMENTS FOR SALE
  • Freehold: £1,300,000
  • Turnover: £86,000 (£1,654 per week)
  • Profit: Not Applicable

Business Details

Under Offer: FREEHOLD INVESTMENTS FOR SALE

ADVERT TEXT
FREEHOLD INVESTMENTS FOR SALE


LOCATION
The property is situated on the High Street (A208) between Albany Road and Park Road in the centre of Chislehurst. Neighbouring occupiers include Cote, Sainsbury’s, Caffe Nero, Coral Bookmakers, Costa Coffee, Post Office, Zizzi and Giggling Squid, together with a good mix of other independent and local traders. Chislehurst mainline railway station is approximately just over one mile away, providing services to London Cannon Street, London Charing Cross, Orpington and Sevenoaks. There are also buses serving the area located on the High Street.

BUSINESS
Combined rental income is currently £86,000 pa.
We are advised that the four leases/tenancy agreements have all expired and the tenants are now ‘holding over’ (contact us for further information).
Please note that the two buildings can be bought together or separately.

PREMISES
ACCOMMODATION NUMBER 68 NUMBER 70

Ground Floor Shop 48.77 m2 525 sq/ft 47.38 m2 510 sq/ft

Basement 40.88 m2 440 sq/ft 39.48 m2 425 sq/ft

First Floor Offices 46.45 m2 500 sq/ft 48.31 m2 520 sq/ft

Second Floor Offices 57.13 m2 615 sq/ft 56.67 m2 610 sq/ft

TOTAL 193.23 m2 2,080 sq/ft 191.84 m2 2,065 sq/ft N.I.A

TENURE
Freehold.


EPC RATING
TBA

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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