165/167a High Street Orpington Kent BR6 0LW

  • 165/167a High Street<br>Orpington<br>Kent<br>BR6 0LW

165/167a High Street
Orpington
Kent
BR6 0LW

Freehold Retail and Residential Investment

  • Predominantly let to a Starbucks Franchisee until 2024 (no breaks)
  • Situated to the front of The Walnuts Shopping Centre in a prominent retailing position
  • Benefits from a self-contained flat
  • Nearby occupiers include Poundland, JD Wetherspoon, WH Smith and Sainsbury’s
  • VAT free Investment
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    2
  • Auction
    23rd March 2016
  • Rent
    £38,640 per Annum Exclusive
  • Status
    Sold
  • Price
    £690,000
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of Receivers CBRE
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Freehold Retail and Residential Investment

  • Predominantly let to a Starbucks Franchisee until 2024 (no breaks)
  • Situated to the front of The Walnuts Shopping Centre in a prominent retailing position
  • Benefits from a self-contained flat
  • Nearby occupiers include Poundland, JD Wetherspoon, WH Smith and Sainsbury’s
  • VAT free Investment
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 2
  • Auction 23rd March 2016
  • Rent £38,640 per Annum Exclusive
  • Status Sold
  • Price £690,000
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of Receivers CBRE

Property Information

Location
Miles
6 miles south-east of Bromley, 10 miles east of Croydon, 16 miles south-east of Central London
Roads
A224, A20, A21, M25 (Junction 4)
Rail
Orpington Railway Station (15 mins to London Bridge)
Air
London City Airport
Situation

The property is situated in a prominent position on the eastern side of High Street. The property benefits from its proximity to The Walnuts Shopping Centre, and nearby occupiers including Sainsbury’s, Boots the Chemist, Superdrug and WH Smith.

Tenure

Freehold.

Location
Miles
6 miles south-east of Bromley, 10 miles east of Croydon, 16 miles south-east of Central London
Roads
A224, A20, A21, M25 (Junction 4)
Rail
Orpington Railway Station (15 mins to London Bridge)
Air
London City Airport
Situation

The property is situated in a prominent position on the eastern side of High Street. The property benefits from its proximity to The Walnuts Shopping Centre, and nearby occupiers including Sainsbury’s, Boots the Chemist, Superdrug and WH Smith.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with ancillary accommodation and a self-contained flat at first floor level.

Six Week Completion

Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without
personal liability.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit with ancillary accommodation and a self-contained flat at first floor level.

Six Week Completion

Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without
personal liability.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
Ground
Part First
 Retail/Ancillary
Ancillary
201.41 sq m
67.45 sq m
(2,168 sq ft)
(726 sq ft)
 INDIVIDUAL
(T/A
Starbucks
Coffee)		 10 years from 14/11/2014 £30,000
rising to
£32,000 in
14/11/2019		 14/11/2019
(13/11/2024)
Part First Residential –
One bedroom
flat
Not Measured
 EASY LET
HOUSING LTD		 3 years from 02/05/2013 £8,640 (01/05/2016)
Totals  
268.86 sq m
(2,894 sq ft)
     £38,640

Contacts

Seller's Solicitors
Walker Morris LLP Kings Court, 12 King Street
Leeds
LS1 2HL
William Kay 0113 283 2686william.kay@walkermorris.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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