Freehold Bank and Retail Investment
Freehold Bank and Retail Investment
The property is situated on the west side of Chislehurst High Street near its junction with Ashfield Lane and Chislehurst Common and close to a large car park. Nearby occupiers include HSBC Bank, Britannia Building Society, NatWest Bank, Café Rouge and Zizzi.
Freehold.
The property is situated on the west side of Chislehurst High Street near its junction with Ashfield Lane and Chislehurst Common and close to a large car park. Nearby occupiers include HSBC Bank, Britannia Building Society, NatWest Bank, Café Rouge and Zizzi.
Freehold.
The property comprises two self-contained ground floor retail units with ancillary accommodation on the first floors. The property benefits from a car park at the rear.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises two self-contained ground floor retail units with ancillary accommodation on the first floors. The property benefits from a car park at the rear.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Unit | Floor |
Use |
Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|---|
| 7 | Ground and First | Bank |
201.41 sq m |
(2,168 sq ft) |
BARCLAYS BANK PLC (1) |
20 years from 23/03/2006 until 2026 (2) | £33,600 | 2014 |
| 7A | Ground and First | Restaurant | 179.76 sq m |
(1,935 sq ft) |
VACANT POSSESSION | |||
| Roof | Telecoms | VODAFONE | 5 years from 11/08/2011 | £2,500 | ||||
| Land at Rear | THE LONDON ELECTRICITY BOARD |
60 years until 24/06/2025 | £1 | |||||
| Totals | 381.17 sq m |
(4,103 sq ft) |
£36,101 | |||||
(1) For the year ending 31st December 2010, Barclays Bank plc reported pre-tax profits of £6,065,000,000 and a net worth of £53,565,000,000. (Source: www.riskdisk.com 21/09/2011)
(2) The tenant has an option to determine the lease at the end of the 15th year. The sale is subject to a schedule of condition.
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