Under Offer
Comprises the ground floor of a mid-terrace building arranged to provide office accommodation, kitchenette and store. Features include air conditioning, vinyl floor coverings and Cat II lighting.
Orpington is a town adjacent to the A224 and benefits from close access to the M25 Motorway. Railway connections are provided by Orpington Railway Station which offers regular services to London Bridge in a journey time of approximately 20 minutes. Moorfield Road is just off the High Street in a mixed residential and commercial area at the northern end of the town centre.
430sq.ft (39sq.m)
The premises are available to let on the basis of a new effectively full repairing and insuring lease for a term of 5 (Five) years at an initial rental of £9,600 (Nine Thousand Six Hundred Pounds) per annum exclusive. The lease is to be granted outside of the security provisions of the Landlord & Tenant Act 1954 (as amended).
Freehold: Our clients may consider a sale of the freehold interest on the basis of vacant ground floor office accommodation and a flat (4a Moorfield Road) which is sold upon a long lease expiring 2180 (approx. 156 years unexpired) producing a ground rent income of £40 pa, rising in December 2024 to £80 pa and then until the expiry of the term to £120 pa. Offers may be considered in excess of £150,000 (One Hundred and Fifty Thousand Pounds) exlusive.
