From
£310,000
Property for saleCrays 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
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