95-97 High Street, St Mary Cray, Orpington Kent BR5 3NH

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STATUS

Under Offer

DESCRIPTION

The property comprises a prominent locally listed detached period office building plus a range of workshop and warehouse units and yard to the rear which can be accessed via a service road adjacent to the premises.

It is considered by our clients that the property offers refurbishment/ development potential subject to relevant planning permission.

LOCATION

St Mary Cray is a busy residential suburb situated on the outskirts of Orpington and within The London Borough of Bromley. St Mary Cray Railway Station is located approx. 600m away and provides frequent services to London Victoria and the Kent Coast.

The premises are situated in a mixed residential and commercial area opposite the River Cray and overlooking the River Bank. A local shopping parade is in close proximity. In addition, the Nugent Centre Retail Park is situated approx 250 yards distant where you will find a number multinational retail outlets including Marks & Spencer, Next, Debenhams, Nandos, Superdrug, Card Factory, and Metro Bank.

FLOOR AREA

1230sq.ft (114sq.m)

TERMS

Freehold Price: offers invited in excess of £400,000 (Four Hundred Thousand Pounds) subject to the existing tenancies.
95/97 High Street (offices)
Let to Direct Planning Ltd on a lease currently producing £12,492 per annum exclusive (payable monthly in advance). We are advised that the lease has expired and the tenants are holding over.
Rear of 95/97 High Street
Let to Damp Works Ltd upon a lease expiring 13/08/18 at a rental of £7,500 per annum exclusive.
Current total income £19,992 PAX