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21 Station Sq

1,679 SF Retail Building Orpington BR5 1LY $621,200 ($370/SF)

Investment Highlights

  • Good road links
  • Close proximity to local amenities
  • Good transport links

Executive Summary

The subject property is situated on Station Square with good levels of passing traffic within an established mixed use parade close to the junction with Fairway. The property comprises a two-storey mid-terrace period style building of typical brick construction set beneath a part pitched/part flat roof. Externally the property benefits from a rear yard to provide parking. Internally, the premises are occupied as a Hairdressers and fitted out to the Tenants preferred specification to provide front sales area, ancillary storage, staff room, kitchenette and WC. The upper parts are separately accessed and provide residential accommodation not included as part of the sale.
Freehold - offers in excess of £500,000 (Five Hundred Thousand Pounds) exclusive for the Freehold interest subject to the occupational lease granted. The upper parts are subject to a 99-year lease from 29.08.1986 at a ground rent of £150 per annum.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,679 SF
Building Class
B
Year Built
1890
Price
$621,200
Price Per SF
$370
Tenancy
Single
Building Height
2 Stories
Building FAR
0.48
Lot Size
0.08 AC
Frontage
20 FT on Station Square

Amenities

  • 24 Hour Access
  • Signage

Nearby Major Retailers

Little Waitrose
Morrisons
Costa Coffee
Iceland
Lloyds Bank
Sainsbury's
Ww - Weight Watchers
Harvester
  • Listing ID: 32996838

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 21 Station Sq, Orpington BR5 1LY

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