Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property

West Street, Erith, Kent, DA8

Offers in Region of
£350,000

£291.67 per sq ft

Business rates & charges may apply

Prideview Group, Middlesex
SIZE AVAILABLE

1,200 sq ft

111 sq m

SECTOR

Out-of-town retail property for sale

USE CLASSUse class orders: A1 Shops and A3 Restaurants and Cafes

A1, A3

Key features

  • Freehold retail unit and 1 bed flat above (street-level access) totalling 1,200 sq ft
  • Ground floor unit comprises of 650 sq ft and flat above is approximately 530 sq ft
  • 1 bed flat consists of a kitchen, bathroom and living room
  • Ground floor is let to an independent retailer on a 15 years FR&I lease (no breaks) commenced on July 2024 with a passing rent of £12,500 p.a
  • Residential uppers consists of a 1-bed flat with kitchen, bathroom and living room on a new AST for £14,400 p.a. (currently being signed)
  • Total rental income of £26,900 p.a

Description

Description

- Freehold retail unit and 1 bed flat above (street-level access) totalling 1,200 sq ft
- Ground floor unit comprises of 650 sq ft and flat above is approximately 530 sq ft
- 1 bed flat consists of a kitchen, bathroom and living room

Tenancy

- Ground floor is let to an independent retailer on a 15 years FR&I lease (no breaks) commenced on July 2024 with a passing rent of £12,500 p.a.
- Rent reviews will be every 3 years
- The current tenant is considering changing the business to a restaurant, under the existing lease terms
- Residential uppers consists of a 1-bed flat with kitchen, bathroom and living room on a new AST for £14,400 p.a. (currently being signed)
- Total rental income of £26,900 p.a.

Location

- Erith is an area in south-east London, 13 miles east of Charing Cross and near Erith Overground station
- Nearby retailers include Sainsbury's Local, McDonalds and other independent businesses

West Street, Erith, Kent, DA8

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Erith Station0.2 miles
  • Belvedere Station1.1 miles
  • Slade Green Station1.4 miles

About Prideview Group, Middlesex

Prideview Place, 43 Church Road Stanmore HA7 4AA

The Prideview Group is one of the leading consultancies in the UK commercial property investment market, having been established in 1985.

We act for private investors from all walks of life and all over the globe, offering a seamless, in-house acquisition, disposal, advisory and management service. We host regular investment seminars for private buyers and are widely known as the Home of the Blue-Chip Investor.

We work closely with numerous propcos, traders, agents and vendors both off-market and via auction to deliver quality investment opportunities as well as a unique disposals service.

Each year we also host the biggest cricket day in the industry, The Prideview Cricketers' Cup, with all proceeds going to charity.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 20178. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prideview Group, Middlesex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

Email

Call

Email