Shop for sale

Kingsway, West Wickham

020 8115 2846

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Shop

0 bed

0 bath

Property description & features

Tenure: Freehold
Large A1 shop unit
Busy shopping parade
Long established retail presence
Commercial rental investment
Positive rental yield of £22,800 PA
Sold with freehold
Could be sold with vacant possession

A large retail unit in a popular shopping area with good foot fall a short distance from West Wickham and set among a variety of retail businesses. The shop is sold with the freehold of the entire building although the flats are owned on long leases however a great rental yield can be gained from the shop. The current tenant is a kitchen showroom with four years remaining on the current lease with an annual rental income of £22,800 PA. The premises is particularly well maintained and well presented and could be adapted to a number of uses and as such if required the property could also be offered with vacant possession for one to run their own business from their own premises. Internal inspection is recommended but is strictly bt appointment with the vendors sole selling agents.

Rooms

Shop - 29'5 x 17'0 ft (8.97 x 5.18 m)
.

Office - 17'0 x 9'6 ft (5.18 x 2.9 m)
.

Kitchen - 6'5 x 5'9 ft (1.96 x 1.75 m)
.

WC - 5'9 x 5'1 ft (1.75 x 1.55 m)
.

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Places of interest

Coady Phillips Estate Agents - Bromley

189 Widmore Road Bromley BR1 2RG

020 8115 2846

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Founding director Philip Coady originally started a company called Homefront in 1990 as a lettings and management specialist that very soon became one of the largest and most respected letting specialists in the London Borough of Bromley. The company evolved to sell properties and again quickly grew a reputation for providing a professional service and delivering results. We are proud to have helped thousands of satisfied customers to move over the last 25 years and our experience has helped us to understand the many reasons why people buy, sell, let or rent a property. Having reached 25 years as a company driven by it’s founding director and to celebrate this success , Homefront has been relaunched as Coady Phillips to reflect the name behind the brand. Being a local company employing local staff gives us a unique perspective enabling us to provide a personal service with local knowledge and a hands on approach. We have two offices in the the London Borough of Bromley, one prominently located next to the desirable Beckenham Junction station that carries business professionals to and from London and the other in the affluent area of Bickley. These offices allow us to meet the needs of a wide audience and give great local exposure to your property. As a company we are proud to support local church groups, sports clubs, Rotary clubs, charity organisations and local schools. At Coady Phillips we aim to make it happen for you, we look forward to working with you soon.

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Property reference 1036. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Coady Phillips Estate Agents - Bromley.

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Broadband availability and predicted speed: obtained from Ofcom on June 12, 2023

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Mobile phone signal availability and predicted strength: obtained from Ofcom on June 12, 2023

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