The subject property comprises a two story mid-terrace building of traditional brick construction beneath a flat roof and currently arranged to provide ground floor takeaway unit with front forecourt and self-contained one bedroom flat at first floor level.
The ground floor provides a front sales area, commercial kitchen with extraction canopy, rear storage and WC. The first floor is accessed via the rear and provides an entrance hall, living room, kitchen, bathroom and one bedroom. The property benefits from an extensive forecourt and rear yard.
Ground Floor Takeaway Unit
Let upon a lease for a term of 18 years from 1st October 2013 at a rental of £9,000 per annum exclusive to a private individual who we are advised has traded from the premises for some 20 years. The lease is subject to review at 5 yearly intervals, we are advised the October 2018 rent review remains open.
First Floor Flat
Comprises a one-bedroom flat arranged to provide an entrance hall, living room, kitchen, bathroom and one bedroom. Let upon an assured short hold tenancy at £575 per calendar month.
Current Total Income: £15,900 PA
Green Street Green is a local shopping precinct which forms part of Orpington a town situated within the London Brough of Bromley. Chelsfield Railway Station is approximately 1 mile distant providing frequent railway services to Central London including Charing Cross, Cannon Street, Waterloo, London Bridge and Victoria.
The property is situated in a prominent position within an established parade offering a mixture of retail and catering units.
1,010 sq ft (93.83 sq m)
£350,000 (Three Hundred and Fifty Thousand Pounds) for our client’s freehold interest, subject to existing lease and assured shorthold tenancy.