Freehold Investment Sale
The premises comprise a mid-terrace three storey building with a yard area to the rear which can be accessed via the rear of the property or a shared side alleyway. The ground floor unit trades as ‘Chandni’ a takeaway unit with commercial kitchen area to the rear plus ancillary storage. The upper parts do not form part of the sale.
Orpington is located within the London Borough of Bromley approx. 15 miles south of Central London. The town is positioned on the A224 with direct links to the M25 (J4) and A20/M20 within a 10-minute drive making it a popular location for businesses. Orpington Railway Station is within 1 mile of the property, providing direct train services to London Victoria & Sevenoaks. The subject property is situated at the northern end of the High Street, occupying a prominent position with good levels of footfall and passing traffic close to the junction with Church Hill and Chislehurst Road.
897sq.ft (83sq.m)
Tenure: Freehold.
The property (Ground Floor) is subject to a lease dated 24th June 2013 for a term of 20 years expiring 23rd June 2028. The current rent is £16,000 (Sixteen Thousand Pounds) per annum exclusive. There are no break clauses.
Price: £239,000 (Two Hundred and Thirty-Nine Thousand Pounds) exclusive for the Freehold interest, subject to the existing lease.
The upper parts are sold off on a long leasehold basis.
