CONFIDENTIALLY AVAILABLE
(STAFF UNAWARE)

(This sale is confidential and under no circumstances should a direct approach be made to staff as they are unaware of the impending sale)

RESIDENTIAL LETTINGS & MANAGEMENT BUSINESS

FOR SALE

  • Well established Residential Letting & Management Business
  • Prominently located on busy main road
  • Close to newly developed Erith Riverside Shopping Centre

 

41 Bexley Road, Erith, Kent, DA8 1SH

pdf_icon copy

 

Location:
The property is situated on the Bexley Road in Erith Town Centre fronting the very busy main road and in close proximity to the newly developed Erith Riverside Shopping Centre there is ample parking nearby.

The Business:
This well established Residential Letting & Management Business has been trading in the Erith area for in excess of ten years and has in excess of 80 managed properties which alongside the Lettings Business generates an approximate turnover in excess of £100,000 per annum.

Description/Accommodation:
The business currently occupies a ground floor lock up shop prominently located on the Bexley Road.

THE APPROXIMATE NET INTERNAL AREAS ARE AS FOLLOWS

Retail 51.12 sq m 550 sq ft

Terms:
The Business is available either for sale and a new lease can be offered on the existing property for a term of years to be agreed at a rent of £7,500 per annum.

Premium:
Offers in excess of £50,000 to include the goodwill and all fixtures and fittings.

Business Rates:   
According to the Government website the combined Rateable Value is £3,750.   The UBR for 2018/9is 48.0p in the £.  NB  Small Business Relief may apply.

Energy Performance Certificate:          
Full information available upon request.

Legal costs:          
Each party to be responsible for their own legal costs.

Viewing
Strictly by appointment with Sole Agents
Gildersleve & Payne
Contact David Sutton BA (Hons) or Nick Payne MRICS
Tel: 01883 723888
Email info@gpcommercial.co.uk

Property Misdescriptions Act 1991
Please note the agents have not carried out a survey, have not made planning enquiries nor tested any of the equipment, apparatus, fixtures, fittings, services or land and are therefore not able to verify their condition, or suitability for their purpose

Code of Practice
Applicants should be aware that the code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified Surveyor, Solicitor or Licenced Conveyencer before agreeing or signing a Business Tenancy Agreement. The Code is available through professional institutions and trade associations or through the website www.leasingbusinesspremises.co.uk

2 Woodbridge, Smallfield

41 Bexley Road, Erith Kent DA8 1SH

SEARCH

  • Property Type

  • Location

  • Property Size

The Royal Institution of Chartered Surveyors is an international organisation with over 118,000 members who represent everything professional and ethical in land, property and construction.