Industrial for sale in Unit 2 & 3, Ravensquay Business Centre, Cray Avenue, Orpington BR5

Offers over £2,100,000 (£210.8/sq. ft)
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Industrial for sale

9,962 sq. ft*

Property description

Key Points

  • Modern high quality flexible space
  • Greater London location with good access to public transport and road network
  • Tenant has a Creditsafe rating of 86 A (very low risk)
  • Established industrial/business location
  • Description

    For Sale - High quality business space investment. The buildings comprise two high quality interconnected two-storey business units of steel portal frame with brick elevations. Internally the ground floor is currently fitted out to the tenants specification to provide staff breakout facilities, conference room and storage areas. Loading is available via a roller shutter door. The first floor provides a number of glass partitioned meeting rooms and open plan office accommodation with excellent levels of natural light. There are WC's at ground and first floor levels. Features include air conditioning, suspending ceilings with inset LED lighting and raised access floors. Externally there are designated parking spaces at the front of the building in addition to a separate gated yard area adjacent to Unit 3 accessed off of May Avenue.

    Location

    Orpington is situated within the London Borough of Bromley approximately 15 miles south of Central London, 5 miles south east of Bromley and 10 miles east of Croydon. The town is located in the heart of the south east commuter belt. St Mary Cray railway station is a short walk away where there are regular trains to London Victoria. Orpington railway station is located 2 miles distance with regular trains to London Bridge taking 16 minutes. Ravensquay Business Centre is situated on Cray Avenue, a major thoroughfare offering direct access to the M20, M25 and South London (A20) with excellent levels of passing traffic and an established location for trade, retail and distribution.

    Terms

    The property is available for sale. Offers are invited in excess of £2,100,000 subject to contract and exclusive of VAT, reflecting a net initial yield of 5.64% (allowing 6.3% costs of purchase) and a low capital value of £210 per sq ft.

    Availability_Text

    The accommodation comprises the following areas:

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    Altus Group, DA2 on +44 1322 584491 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Altus Group, and do not constitute property particulars. Please contact Altus Group for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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