£310,000

Property for sale

  1.  5 Crays Parade, Sidcup, Orpington, Br5 3Hg
  2.  5 Crays Parade, Sidcup, Orpington, Br5 3Hg
  3.  5 Crays Parade, Sidcup, Orpington, Br5 3Hg
Auction

From

£310,000

Property for sale

Crays Parade, Main Road, St. Pauls Cray, Orpington BR5

Local area information

Property location

Nearby amenities

  • Riverside School (SEN) 0.2 miles
  • St Paul's Cray Church of England Primary School 0.4 miles
  • St Mary Cray 0.7 miles
  • Petts Wood 2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • 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
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

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

Assess how they might enhance or detract from this home’s value.

More information

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. Bromley (London Borough)
  5. Orpington
  6. St. Pauls Cray
  7. Main Road
  8. Crays Parade

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