Lot 60: RETAIL AND RESIDENTIAL INVESTMENTS

Guide Price £350,000 – £360,000 * + Fees
238-240 Bexley Road, Northumberland Heath, Erith, Kent. DA8 3HB

Currently let at £28,800 per annum

Viewing by arrangement with Clive Emson Auctioneers

01622 608400

John Stockey/Chris Milne

A double fronted two storey building situated on a busy thoroughfare within the main shopping area of Bexley Road and comprising a ground floor retail unit with a pair of self-contained flats above.

Further information will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.

238-240 Bexley Rd

Ground Floor

Double fronted retail area and ancillary accommodation.

Tenancy

Holding over under the terms of an original commercial lease at a current rental of £875 per calendar month. Currently trading as AJ’s Afro Caribbean Foods.

238A Bexley Road

Ground Floor

Rear entrance to living room/kitchen.

First Floor

Two bedrooms and bathroom.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £875 per calendar month.

240A Bexley Road

First Floor

Rear access, living room, kitchen, bedroom and bathroom.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at £650 per calendar month.

AMMENDED TENURE INFORMATION

240 BEXLEY ROAD – FREEHOLD

238 BEXLEY ROAD – Both the Ground Floor Retail Unit and the Flat on the Ground and First Floor are owned Leasehold with the remainder of Long Ground Leases for terms of 999 years from 23rd January 1986 and 23rd January 1995 respectively

Residential EPC: D
Commercial EPC: TBC

Map

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The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.