8-8A Station Square, Petts Wood Kent BR5 1NA

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STATUS

For Sale

DESCRIPTION

The property comprises a two storey mid-terrace building of brick construction with attractive period features set beneath a pitched roof with tiled coverings. The ground floor provides self-contained triple fronted retail premises and is currently occupied as a Butchers/Deli and fitted out to the tenants preferred specification. The first floor provides a two bedroom residential dwelling accessed via an entrance from the pavement edge.

LOCATION

Petts Wood lies just to the North of Orpington and to the South East of Bromley. The property is situated within Station Square in a prominent corner position within an established parade. Surrounding occupiers include William Hill, Iceland, Costa Coffee, Sainsbury’s Local, The Daylight Inn Public House and a range of independent retailers and restaurants in close proximity.

Pay and display parking is available at the roadside in Station Square and Petts Wood Railway Station is close by offering direct frequent services to Central London and Sevenoaks.

FLOOR AREA

2,319sq.ft (215sq.m)

TERMS

8 Station Square: The commercial premises are let to private individuals on a Full Repairing and Insuring lease expiring 27th November 2034. The current rent is £30,000 (Thirty Thousand Pounds) per annum exclusive subject to review in November 2024. The lease incorporates a break clause dated 28th November 2024 on 6 months prior notice. 8a Station Square: The self contained flat is let on a Assured Shorthold Tenancy to a private individual for a term of 12 months from 28th September 2023 at a rent of £16,800 (Sixteen Thousand Eight Hundred Pounds) per annum. Total Income: £46,800 per annum exclusive.

Freehold – Subject to Contract. We are instructed to seek offers in the region of £800,000 (Eight Hundred Thousand Pounds), subject to the occupational leases/tenancies granted.