icons_size_white icons_size
menu

Agent's details

FOR SALE MIXED USE INVESTMENT

For sale: £540,000.00|1,842 Sq Ft|Land, Commercial Land

Property details

FOR SALE£540,000.00
SIZE1,842 Sq Ft
ADDRESS112 High Street, Orpington, Kent, BR6 0JT
TYPELand, Commercial Land
TENUREFor Sale Freehold
POSTED ON5th February 2024

Description

This property is located near the town centre of Orpington with all local amenities a stone’s throw away. It comprises of a 3 bedroom flat across 2 floors with a ground floor commercial unit below.

The residential space is 1,163 sqft and the commercial unit measures 679 sqft, totalling 1,842 sqft.

The commercial unit is being operated by a Massage Parlour who have been in situ for 5 years producing £16,800 per annum. There is 5 years left on their lease which falls outside of the landlord and Tenants act. The rent review was due in November 2023 and has yet to be actioned.

The residential space is producing £14,400 per annum with scope to increase and this is on an AST contract.

There is potential to develop the flat and to extend to the rear.
Energy Performance Certificates

Location

marker
Location: 112 High Street, Orpington, Kent, BR6 0JT

New Cross (8.9 miles)

New Cross Gate (9.0 miles)

North Greenwich (9.4 miles)

Orpington (0.7 miles)

St Mary Clay (1.1 miles)

St Mary Cray (1.1 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here