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INVESTMENT
£375,000 FREEHOLD INVESTMENT FOR SALE
2 Royal Parade Chislehurst Kent BR7 6NR
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Description

The property forms three-storeys and is part of a Victorian parade thought to be constructed around 1860. The property is let to one individual but is currently split to provide a ground floor shop trading as a delicatessen and a separate self-contained flat that has been sub let on an Assured Shorthold Tenancy.

Terms

Freehold Sale subject to the lease. 

Tenancy

The entire property is currently let to Mr G Emirali on a full repairing and insuring lease that began on 24th June 2011 for a term of years until 23rd December 2026. The rent is next due to be reviewed on the 24th June 2021 and the current passing rent is £14,000 per annum which is considered reversionary.

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