Offers in region of
£1,100,000
(£333.23/sq. ft)
Retail premises for saleCrescent Way, Orpington BR6
3,301 sq. ft
Added on
Michael Rogers
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About this property
Attractive freehold mixed use investment in a strong commuter belt
New lease to Co-Op agreed and legal negotiations proceeding
Total commercial rental income £64,500 per annum
Commercial leases expire 2031 and 2041
Businesses unaffected by sale
Offers sought in the region of £1.1M
Crescent House occupies a prominent position within a well established retail parade on the southern side of Orpington, near to Green Street Green. The area offers a combination of local shops, cafes, takeaways and good quality residential properties. The parade benefits from strong visibility, consistent footfall and convenient access to local amenities. Orpington station provides fast and frequent services into Central London.
Built in the 1950's the property provides a combination of ground floor retail units and self-contained residential accommodation above. The ground floor double unit is occupies by the Co-Op with the single unit being occupied by Wishwash Launderette. The retail units also occupy most of the rear yard within their demise. We are offering the freehold interest for sale, subject to lease arrangements. The shops are let by way of standard commercial fr & I leases. Full information available on our marketing details. All the flats are sold off on long leaseholds.
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