Crayford High Street Crayford, Dartford Guide Price £230,000

Front Elevation
Diner
Kitchen
Kitchen
Front Elevation

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RARE OPPORTUNITY
FREEHOLD INVESTMENT
RESTAURANT WITH FLAT
HIGH STREET LOCATION
GOOD TRANSPORT LINKS
GOOD INCOME
RENT REVIEW DUE IN 2018

Freehold investment, unique & rare oppotunity. A3 Restaurant & A5 Cafe with 2 bed flat freehold for sale

Harpers & Co are delighted to offer this excellent and well situated Freehold for Sale comprising A3 Restaurant & A5 Takeaway with 2 bed flat self contained and already LET both producing an income of £15,000 per annum.

8 years left on the existing lease with rent review due on 2018. Access to the upstairs flat from the rear and self contained with parking.

LOCATION

This large corner unit is located on the end of Crayford High Street at the top end off the A2000 and within 170 yards of the centre of newly redeveloped Crayford Town Centre which boasts a variety of Restaurants, retailers and a thriving industrial park with operators such as Poundland, Nandos, Next, MacDonald's, Curry pc World and Sports Direct. The unit also has excellent access to the A2, M25 and Central London.

DESCRIPTION

This two storey building comprises a ground floor café and takeaway A3/A5 which is currently trading as Kennys Café with a large 2 bed flat above which is self contained. Both are held under the same lease at a passing rent of a £15,000 per annum with 8 years remaining and a rent review due in 2018. The ground floor commercial unit is approximately 680 sq ft (63.2sq m) and comprises front restaurant area with a kitchen and prep room to the rear with access to a small yard and small store. The rear of the property also accommodates 1 car by way of parking space. The first floor 2 bed flat is self contained and accessed from the side. The flat is currently occupied and could benefit from some updating. It does however offer excellent potential. This is a rare opportunity to purchase a mixed use property with good rental income that also has scope for uplift. The café

TERMS

Offered freehold for sale £260,000-00 as an investment property. Not vacant possession.

RATES

The ground floor unit has a rateable value of £6,500-00 per annum with an approximate rates payable of £2795-00. Applicants are advised to make their own enquiries to the VOA or goto www.voa.gov.uk.