Maidstone Road, Sidcup Annual Rental Of £15,000
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SHOP TO LET £15,000 PER ANNUM WITH PARKING AND REAR STORE.
Harpers & Co are delighted to offer this versatile retail and residential freehold investment located in a popular and accessible area.
Key Features
Guide Price: £225,000+ OR TO LET £15,000PER ANNUM
Retail Unit: Approx. 750 sq ft ground floor shop
Parking & Land to Rear – potential for double garage or further development (STPP)
Flat Above: Let on a short lease with reversionary value of £50,000+
Excellent Location – good footfall, local amenities and transport links nearby
Ideal for Investors or Owner-Occupiers
Description
This well-positioned property offers a fantastic mixed-use freehold investment opportunity. The ground floor retail unit provides approximately 750 sq ft of versatile space, benefitting from customer parking and land to the rear.
Above, a self-contained flat is currently held on a short lease, offering a future uplift in value upon reversion. The site also presents potential for further development or conversion, subject to the necessary consents.
Investment Highlights
Attractive yield potential and long-term capital growth
Established commercial location with consistent demand
Reversionary value in the residential element
Viewing
Strictly by appointment only with Harpers & Co.
Before the tenancy starts (payable to Harpers &Co
Holding Deposit: One (1) week's rent
Deposit: Five (5) weeks' rent
Holding Deposit Payment
It is a condition that once the holding deposit has been paid, it will be deducted from the first month’s rent upon the
moving in day. The move in date must be within 15 days of the holding deposit being paid, unless otherwise agreed.
The holding deposit is not refundable for the following reasons:
• If at any time you decide not to proceed with the application after the holding deposit has been paid.
• Failure to move in within 15 days of the date on this application, unless otherwise agreed.
• Provide us with false, misleading or incorrect information as part of your tenancy application.
• Unsatisfactory credit check(s) or reference(s).
• Failure of any of the checks which the Landlord is required to undertake under the Immigration Act 2014.
However, if the Landlord decides not to offer you a tenancy for reasons unconnected with the above then your deposit will
be refunded within 7 days. Should you be offered and you accept a tenancy with our Landlord, then your holding deposit
will be credited to the first months’ rent due under that tenancy.
Where, for whatever reason, your holding deposit is neither refunded nor credited against any rental liability, you wil l be
provided with written reasons for your holding deposit not being repaid within 7 days.
During the tenancy (payable to the Agent)
Payment of £50 if you want to change the tenancy agreement (once landlord's permission has been obtained).
Payment of interest for the late payment of rent at a rate of 3% above the current Bank of England base rate.
Payment of the cost to replace loss of keys/security devices (unless proven that the replacement cost more)
Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy.
During the tenancy (payable to the provider) if permitted and applicable:
Utilities - gas, electricity, water
Communications - telephone and broadband
Installation of cable/satellite
Subscription to cable/satellite supplier
Television licence
Council Tax
Tenant protection & Client Money Protection (CMP)
Redress Scheme& Tenant protection
Harpers & Co is a member of the Property Ombudsman TPO
Harpers & Co is a member of the Client Money Protection Scheme CMP (0059254)
Sidcup DA14 5HB
Harpers & Co