1. Property photo 1 of 11 5 Crays Parade, Sidcup, Orpington, Br5 3Hg
  2. Property photo 2 of 11 5 Crays Parade, Sidcup, Orpington, Br5 3Hg
  3. Property photo 3 of 11 5 Crays Parade, Sidcup, Orpington, Br5 3Hg
Auction

From

£310,000

Property for sale

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

From

£310,000

Property for sale
Crays Parade, Main Road, St. Pauls Cray, Orpington BR5

    Auction

    About this property

    • 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

    More information

    Report this listing