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This property is not currently available. It may be sold or temporarily removed from the market.

44-44a, 46, 48, 50, 50a Bellegrove Road, Welling, Kent, DA16

£1,300,000
0 Sq Ft
  • Ref: 5688
  • Type: Investment, Retail

Property Features

  • Freehold investment of an unbroken parade 6 shops.
  • Total rental income of £94,400 per annum.
  • Retirement flats above sold on a 999yr lease C. 1987
  • Peppercorn ground rent from the flats above
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Managing Office

Maidstone
26 Hollingworth Court
Turkey Mill
Maidstone
Kent
ME14 5PP

Property Summary

The opportunity comprises of an unbroken parade of 6 ground floor lock up commercial premises. Arranged over the upper floors are retirement homes which are held on long leases. There are further retirement homes at the rear of the site. The company involved is Anchor Housing who are a housing association for the elderly. Rear vehicular access to this site is from Ruskin Avenue. We understand that the rear access road is the responsibility of Anchor to maintain as part of their retirement development. The commercial premises have rear access for loading area to the rear which includes a bin storage.

THE PROPERTIES:
44 - Trading as Liquorice Kids, a children's clothing and accessory shop.
44a - Trading as Rams Groceries, a convenience store.
46 - Trading as Divinity Nails, a nail and beauty business.
48 - Trading as Cake Box,
50 - Trading as Scope, a charity shop.
50a - Trading as High Flying Balloons and Flowers.

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