Freehold Investment Sale
The premises comprise a mid-terrace building arranged on ground and first floors with a yard/ parking area to the rear. The ground floor unit trades as Pizza Hut and comprises a commercial unit with kitchen area to the rear plus ancillary storage leading to a parking space accessed via a shared alleyway. The first floor comprises a self contained one-bedroom flat.
Orpington is a residential area some 16 miles south of Central London and 5 miles from Bromley. The town is adjacent to the A224 (Cray Avenue) providing trunk road linkage to junctions 3 and 4 of the M25 motorway. The property is situated within an established parade which includes a mixture of retail and catering outlets. A short distance away is the Nugent Centre Retail Park, comprising retail and food establishments including Marks and Spencer and Next.
Tenure: Freehold.
Tenancies: The entire property is subject to an existing lease granted to JJ & Team Limited trading as Pizza Hut.
The premises are let upon a Full Repairing and Insuring lease for a term of 25 years expiring 5th September 2032 and subject to upward only rent reviews at 5 (Five) yearly intervals with the next rent review scheduled to take place 14th November 2026. The current rental is £18,500 (Eighteen Thousand Five Hundred Pounds) per annum exclusive.
Price: Offers invited in excess of £350,000 (Three Hundred and Fifty Thousand Pounds)
