Lease Available
The property comprises a mid-terrace retail unit set out over ground floor level and currently arranged internally to provide front sales area, customer WC and rear ancillary storage space. Loading/unloading is available via the rear service road accessed from West Approach. The premises were previously occupied as a restaurant/café and are fitted out accordingly.
Petts Wood lies to the North of Orpington and the South East of Bromley. The property is situated in a prominent position on the established Chatsworth Parade, close to the junction with West Approach. Petts Wood mainline railway station is approx. 50m away and the property benefits from good levels of passing footfall.
Surrounding occupiers include Morrisons, Boots Pharmacy, Costa Coffee and Card Factory plus a range of independent retailers and restaurants/take-away units.
953sq.ft (89sq.m)
Lease Assignment – The premises are held on an existing Full Repairing and Insuring lease dated 29th March 2023 for a term of 15 (Fifteen) years expiring March 2038 subject to tenant-break clauses in March 2028 and March 2033. The passing rent is £22,000 (Twenty-Two Thousand Pounds) per annum exclusive, subject to rent reviews at 5 yearly intervals. The lease is granted within the security provisions of the Landlord and Tenant Act 1954. A rental deposit equivalent to the sum of £15,000 (Fifteen Thousand Pounds) is applicable. VAT is not applicable.
