01322 524 425

Mayplace Road East, Bexleyheath £385,000.00

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    Mayplace Road East

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  • RARE TO MARKET
  • MIXED INVESTMENT
  • EXCELLENT LOCATION
  • WELL DESIGNED GROUND FLOOR RETAIL
  • 2 BED FLAT ABOVE
  • DETACHED SEPARATE GARAGE WITH ACCESS
  • GOOD YEILD POTENTIAL


FREEHOLD FOR SALE £385,000.00 MIXED USE SHOP & 2 BED FLAT £385,000.00 in Barnhurst with detached garage to rear with access.

Harpers & Co are delighted to offer this rare to market mixed use unit comprising a large 750sq ft unit on the ground floor and a separate 2 bed flat above in need fo a light refurb. the flat could and should be commanding a rent of £10800 plus pa and the shop an estimate rental value of £13,000 pa producing a yield of 7% with the garage in addition.

This is an excellent property and well worth a viewing as it is rare to market and a good opportunity.

Viewings through sole agents Harpers & Co on 01322 524425.


LOCATION

This well sized mixed commercial and residential unit is conveniently located in a busy and popular local trading position on Midfield Parade. It is within a 5 min walk to Barnehurst Mainline train station and has excellent links to the A2, M25 and Central London. The unit and parade enjoys good footfall, and vehicular passing trade and is well used amongst the local community.

DESCRIPTION SHOP & FLAT

The subject property has a large drive which can easily accommodate 4 plus vehicles which leads to the main door which has remote controlled security shutters. The inside of the unit which has traded for may years as a hairdressers is well decorated and neat. The shop is largely open plan with a front reception and sales area and then onto a main area and then kitchen and staff area with WC and storage to rear. The shop enjoys a small ancillary and garden space to the rear and rear access. There is also a detached brick built garage to the rear of the property which is superb, highly useable space and has its own access from a vehicular and pedestrian unadopted road to the rear. This space can be used for the shop or the flat or used by a third party (subject to agreement). The garage has power and light and a good opening to the front. The 1st floor flat i accessed from the rear and is a split level 2 bed flat with the staircase that leads to a kitchen, a separate bathroom and 2 good sized bedrooms. The flat is currently LET but can be sold with vacant possession. The flat is a good size but could benefit from a light refurb and modernisation.

TERMS

This mixed use property is available vacant possession for overs in the region of £380,000.00. It is rare to market and has been in the same family hands for several decades.

LEGAL FEES

Each party to pay their own legal fees in this transaction.

VAT

This property has not been elected for VAT and so no VAT is payable.

RATES

As the property is being extended, we urge applicants to contact the local valuation office at www.voa.gov.uk and to make their own enquiries. We envisage that applicants should be eligible to small business rates relief.

HARPERS AND CO SPECIAL REMARKS

This RARE TO market MIXED USE investment is a an absolute gem and represent an excellent opportunity to buy a property in an excellent area 300 yards form a mainline station and with good road links to Central London and the M25. There is good yield potential here and investors will appreciate the location and layout of the property. We urge early viewings.


Mayplace Road East
Bexleyheath DA7 6NB
County: Greater London
Sale Type: For Sale
Ref #: 00001223

P: 01322 524425

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