Property for sale in Bexley Road, Erith DA8
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- A reversionary ground rent investment
- Secured upon a self-contained first floor flat
- Over retail premises within a local parade
- Separate access from the street
- Close to local shops and amenities
Property description
Strapline
Auction Sale - 01/09/2023
Of interest to investors - A reversionary ground rent secured upon a self-contained first floor flat over a shop.
Description
A self-contained first floor flat over a shop
Within a two storey terrace building
Separate street access
Location
Erith is a town in Kent bordering the south side of the River Thames.
The property is situated on Bexley Road which offers a selection of local shops, supermarkets, restaurants and bars.
Sporting opportunities can be found nearby, including Barnehurst Golf Course, Danson Sports fc and Erith Town fc.
Neighbouring occupiers include Tesco, Day Lewis, bp, Pizza Hut and Acorn
The property is accessible via the A2 which also provides road communications into Central London and to the south east coast via the M2.
Transport
National Rail - Barnehurst (Thameslink and Southeastern)
Local bus routes are available including direct services to London Bridge and London Victoria
Tenancy
Subject to an underlease for a term of 99 years from 25 December 1985 (approximately 61 years unexpired) at a ground rent of £50pa
Accommodation
We are informed by the seller that the property extends to approximately 65 sq m (700 sq ft)
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
.png){kind=logo}