Savills flat

4 & 4A Gloucester Parade, Blackfen Road, Sidcup, DA15 8PS

£340,000 Score 3.0/10

Description

Freehold three storey mixed use investment. Comprising ground floor takeaway restaurant with a self-contained three bedroom flat above. Approximate total GIA 175 sq m (1, 880 sq ft|). Current Rent Reserved £54, 400 per annum. Forming part of a well established retail parade. Situated between Sidcup and Welling. By order of the LPA Receivers. Investment let at £54, 400 per annum (Gross Initial Yield 15.8% at Guide)

Opportunities

Receivership
Title split (2 units)

Lot details

Freehold three storey mixed use investment
Comprising ground floor takeaway restaurant with a self-contained three bedroom flat above
Approximate total GIA 175 sq m (1, 880 sq ft|)
Current Rent Reserved £54, 400 per annum
Forming part of a well established retail parade
Situated between Sidcup and Welling

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Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.