Retail & Residential Investment, 112 High Street, Orpington, BR6 0JT
1,842 Sq Ft / Retail / Class E - incl Office Leisure Healthcare
For Sale
- £540,000.00
Under Offer - Last updated: 23 April 2024
The property comprises of a 3 bedroom flat across 2 floors with a ground floor commercial unit below.
The commercial unit is being operated by a Massage Parlour who have been in situ for 5 years producing £16,800 per annum. There is 5 years left on their lease which falls outside of the landlord and Tenants act. The rent review was due in November 2023 and has yet to be actioned.
The residential space is producing £14,400 per annum with scope to increase and this is on an AST contract.
There is potential to develop the flat and to extend to the rear.
Location
This property is located near the town centre of Orpington with all local amenities a stone’s throw away.
Accommodation
The residential space is 1,163 sqft and the commercial unit measures 679 sqft
Totalling - 1,842 sqft.
Terms
Price - £540,000
VAT - Applicable
EPC - E
Rateable Value - £8,400
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£540,000.00
| NA |
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