Located on the busy Blackfen Road in what is a principal position enjoying high levels of vehicular & pedestrian passing trade. This shop is surrounded by strong covenants and national retailers such as Barclays, Lloyds Bank, Jane Ayre Bakery and a host of others contributing to a dynamic and lively area. This unit provides excellent access to the A2 and M25 and links to Central London. Welling and Albany Park are the closest train stations.
The ground floor Commercial aspect of this property has a gross internal area of approximately 65 sq meters and approximately 700 sq ft and is largely open plan with a return frontage. The ground floor commercial unit has a large forecourt which is approximately 8 1/2 meters wide by 8 meters deep. To the side of the property is a side access path with land leading to the rear yard of both the shop and the entrance to the self contained flat above.
The Commercial unit itself has been trading until recent times as a Newsagents and sweet shop and has an open plan retail area to the front with a small store room of 10.8 meters or 116 sq ft which then leads to the rear access to the storage yard and side.
The shop itself would obviously benefit from a refurbishment but would suit a whole host of owner occupiers and would make an excellent retsil shop, office and possibly subject to planning permission (STPP) gain alternative uses.
The three bedroom self contained flat is accessed from the side and rear and immediately surprises you with the amount of space on offer. On the first floor there is a:
Kitchen 3.6m x 1.9m, Bedroom One 3.9m x 3.6m, Bedroom Two 3.8m x 3.8m, Lounge 3.6m x 4.7m, Shower Room 2.2m x 1.2m, Bedroom Three 5.1m x 2.6m, En Suite 2.0m x 4.8m
The flat is decorated to a good standard and would provide excellent family living space. Being self contained it does not impinge on the ground floor commercial unit and if offered to let would possibly produce a rent of between £1250 to £1300 PCM on an AST.
This freehold property for sale offers an excellent opportunity for owner/occupier to trade from the ground floor shop whilst possibly living upstairs in close proximity and providing ample customer and their own parking
This Freehold property is offered for sale for Offers in Excess of £425,000.
Each party to pay their own legal costs in this transaction
Our own enquiries with the VOA suggest that the rateable value is £9,700 per annum as of 1st April 2010 with a rate calculator of 0.48p in the pound. Applicants are encouraged to make their own enquiries to the valuation office to see if they are eligible for small business rates relief or further deductions.
This property has not been elected for VAT.
SAT NAV LOCATION
HARPERS & CO SPECIAL REMARKS
Harpers & Co are delighted to offer this excellent and well located Freehold mixed use property for sale. The current owner has maximised the potential of the self contained flat to provide an excellent living space with two bathrooms, three bedrooms and a good sized lounge and kitchen. This would make an excellent self contained rental property. We also consider that the ground floor would make an excellent retail unit and/or office as it is a highly visible location and within close proximity to the High Street. Harpers & Co strongly encourages early viewings as this property is rare to the market.