Crescent House Orpington

Prime Mixed Use Investment For Sale

Crescent House occupies a prominent position within a well established retail parade on the southern side of Orpington near Green St Green.  Built in the 1950’s, the property provides a combination of ground floor retail units and self-contained residential accommodation above.  The ground floor double unit is occupied by the Co-Op with the single unit being occupied by Wishwash Launderette.  The flats are all sold off on long leaseholds. Full information provided in our marketing details.

Type
Retail
Tenure
Freehold
Price
ORIO £1,100,000
Rates
1 Crescent Way RV £14,750. 2 & 3 Crescent Way RV £46,250
Size
Retail: 1 Crescent Way 485 sq ft / 45.08 sq m. 2 & 3 Crescent Way 2,100 sq ft / 196.05 sq m

Prime Mixed Use Investment For Sale

Crescent House occupies a prominent position within a well established retail parade on the southern side of Orpington near Green St Green.  Built in the 1950’s, the property provides a combination of ground floor retail units and self-contained residential accommodation above.  The ground floor double unit is occupied by the Co-Op with the single unit being occupied by Wishwash Launderette.  The flats are all sold off on long leaseholds. Full information provided in our marketing details.

Type
Retail
Tenure
Freehold
Price
ORIO £1,100,000
Rates
1 Crescent Way RV £14,750. 2 & 3 Crescent Way RV £46,250
Size
Retail: 1 Crescent Way 485 sq ft / 45.08 sq m. 2 & 3 Crescent Way 2,100 sq ft / 196.05 sq m

Specification

  • Attractive freehold mixed-use investment in a strong commuter belt town
  • New lease to Co-Op agreed and legal negotiations proceeding
  • Total commercial rental income £64,500 per annum
  • Commercial leases expire 2031 and 2041
  • Businesses unaffected by sale
  • Offers sought in the region of £1.1M
  • EPC 1 Crescent Way D86
  • EPC 2 & 3 Crescent Way C51

Contact

FRICS
T01732 227902
M07889 361427
Emike.lewis@michaelrogers.co.uk

Further information

Specification

  • Attractive freehold mixed-use investment in a strong commuter belt town
  • New lease to Co-Op agreed and legal negotiations proceeding
  • Total commercial rental income £64,500 per annum
  • Commercial leases expire 2031 and 2041
  • Businesses unaffected by sale
  • Offers sought in the region of £1.1M
  • EPC 1 Crescent Way D86
  • EPC 2 & 3 Crescent Way C51

Contact

FRICS
T01732 227902
M07889 361427
Emike.lewis@michaelrogers.co.uk

Further
information

Mike Lewis

FRICS

Mike is a founding partner of Michael Rogers LLP and has a wide range of expertise in the commercial property market from office agency, general practice surveying and property management / administration. Mike is based in South Eastern M25 office where he specialises in office agency and general consultancy work with an extensive client list within that region. Mike is a former chairman of the Kent branch of the RICS. 

T 01732 227902
M 07889 361427
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