Summary
The property comprises a former HSBC bank premises on a island site, providing prominent corner elevations on both sides of the frontage.
The building is in the process of being redeveloped to subdivide the space to create 2 self-contained units, with residential on the upper levels.
Key Points
- Prime location on the High Street, with corner frontage
- Redeveloped former bank premises
- Ground floor subdivided to create 2 units
- Left hand facing unit under offer, right hand facing available
- Suitable for retail & restaurant uses
Location
Sidcup is an area of south-east London, primarily in the London Borough of Bexley and bordering the London Boroughs of Bromley and Greenwich.
The town is located on the A211 with the A20 providing easy access to Junction 5 of the M25, 5 miles (8km) to the east. Central London is located 14 miles (23km) to the north west.
Sidcup benefits from a busy and well connected railway station 0.5 miles away from the subject premises, providing direct services into London Bridge (approx. 23 mins) and London Charing Cross (approx. 38 mins).
Considerable development has taken place within Sidcup in recent years including a new Waitrose and Travelodge in the High Street, and a Premier Inn and new Marks & Spencer with (59 flats) adjacent to the train station.
Storyteller, a 3 screen Cinema (developed by Bexley Council) has also recently opened directly opposite the subject premises, on the corner of Sidcup High Street and Station Road.
It also features a bar, coffee shop, live performance space, community hub and Sidcup Library.
The remaining unit benefits from a flexible Class E use and as such, would suit a variety of uses including retail, convenience store and café/restaurant occupiers.
A side road adjacent to the premises provides direct access to the rear of the unit for servicing/deliveries.
The premises occupy a prime and extremely visible trading location, benefiting from significant passing trade.
Positioned immediately adjacent to Starbucks, other neighbouring multiple occupiers include McDonalds, Caffè Nero, Sarto Lounge (Loungers), Superdrug and The Works.
Terms
The premises are available on a new effective full repairing and insuring lease for a term of years to be agreed, subject to upward only rent reviews at the end of every 5th year.