Commercial property for sale in Crays Parade, Main Road, St. Pauls Cray, Orpington BR5
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Investment let at £43,320
- P.a. (13.97% giy on guide)
- Lock up shop trading as a Barbers let at £12,000 p.a.
- 3 x Studios let on AST's at £31,320 p.a.
- Future development potential to add additional building to the rear of the property (subject to the requisite consents)
- 6 week completion
- VAT free investment
Property description
Strapline
Auction Sale - 13/12/2023
Of interest to Investors
A freehold mid terrace property form in part of an established local shopping parade and comprising of a lock up shop and 3 x self contained studio flats at ground floor and 3 bedroom flat at first floor (sold off on long lease)
Investment let at £43,320 p.a.
Description
The property comprises of a mid terrace commercial property comprising of a lock up shop and 3 x self contained studio flats at ground floor level and self contained flat at first floor (sold off on long lease).
There is a large rear garden to the property which might offer future development potential add additional space (subject to the requisite consents).
We believe there is access to the rear of the property via side lane way however any incoming purchaser must do their own due diligence.
Location
The property is located on the east side of Main Road and close to the junction with Chalk Pit Avenue.
St Mary Cray Station an approx. 0.9 miles from the property
Transport
St Mary Cray Station national rail services
Tenancy
Please refer to Accommodation and Tenancy schedule
Accommodation
Please refer to Accommodation and Tenancy schedule
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions 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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