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271-273 Bexley Road Erith

DA8 3EX

271-273 Bexley Road Erith
AvailableA1 (Retail),A2 (Professional and financial services),A3 (Restaurant and Café)2,676 Sq Ft

About this property

E Class Unit 2676 sq.ft. NIA approx. over ground and first floor, currently trading as a Bookmakers for many years.
Current Lease 20 years from 21.3.07 current rent £25,000pa. A Section 25 Notice has been served on the tenant at £36,000 pa.
We believe there is potential to negotiate the return of the upper parts to the freeholder to allow further development.

Location

Set on Bexley Road, a mainly commercial street located in the Northumberland Heath area of Bexley. Barnehurst railway station is a short distance away.

Business rates

Rateable value - £19250 (as taken from Gov.uk)
This is not the amount you will pay. The rateable value is used to calculate your rates bill.

Please refer to the Local Authority for more information on rates

Legal costs

Each side to bear their own

Tenure

Freehold

EPC

Rating C 70

Viewing

Via the owners sole agents PSS Commercial.

VAT

Under the Finance Acts 1989 and 1997 VAT may be levied on the rental price. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.

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