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Mix-Use Site Suitable for Redevelopment 3 Properties Offered at $2,669,372 in Bexley

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INVESTMENT HIGHLIGHTS

  • Located in the London Borough of Bexley Greenbelt area
  • Access to the A2 and the M25 is also within easy reach
  • Mixture of B1, B8 and Sui genres use

EXECUTIVE SUMMARY

Potential redevelopment project for sale. Offers are invited in excess of £2.5m for the freehold interest. The subject site is located in the London Borough of Bexley Greenbelt area. The site is located on Stable Lane, which is in the south eastern part of central Bexley Village. B1, B8, Sui Generis and Residential site suitable for redevelopment (STPP) For Sale.
Total commercial rent per annum: £70,528 pa. Potential rent receivable for detached bungalow & mobile home: £30,000 pa. Total potential current use income £100,528 per Annum
Consists of 13 Industrial spaces with 7-9 tunnel sheds.

PROPERTY FACTS

Price $2,669,372
Price / SF $344.21 / SF
Sale Conditions
Bulk/Portfolio Sale
  • Redevelopment Project
Cap Rate 5.03%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 7,755 SF
Tenure Freehold
Total Land Area 1.27 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Vicarage Rd, Bexley DA5 2AW Industrial 5,469 SF 1957 -
Stable Ln, Bexley DA5 2AW Industrial 782 SF 1963 -
Littleworth Business Centre
Vicarage Rd, Bexley DA5 2AW
Office 1,504 SF 1962 -
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  • Listing ID: 7298697

  • Date on Market: 5/19/2017

  • Last Updated:

  • Address: Mix-Use Site Suitable for Redevelopment, Bexley, LND

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