ORPINGTON 9 STANLEY WAY BR5 2HE LEASE AVAILABLE/BUSINESS FOR SALE – ESTABLISHED A3 CAFÉ PREMISES
Location Orpington is a prosperous residential area located some 16 miles to the south of Central London and 5 miles from Bromley. The subject property is located on Stanley Way close to the junction with Marion Crescent approximately 1 mile from Orpington Town Centre. The property is situated within an established local parade with surrounding occupiers including a range of retail outlets. There is short stay parking available outside the premises.
Description Comprises ground floor mid terrace café premises currently arranged to provide front customer seating/sales area with rear kitchen and WC facilities. The premises are fitted out with kitchen and extraction equipment (not tested) ready for a new occupier to begin trading immediately.
Accommodation (with approximate dimensions and floor areas)
Internal Width Internal Depth Sales Floor Area Approx. Store Room Kitchen
20’11” 22’8” 454sq.ft 38sq.ft
6.7m 6.9m 42sq.m 3.5sq.m
Terms The premises are held upon an existing full repairing and insuring lease inside the Landlord & Tenant Act 1954 for a term of 15 years expiring 13th May 2028. The current rental is £11,000 per annum exclusive with the next review being 14th May 20118 and every 5 years thereafter. A rental deposit in the sum of £5,500 is held by the landlord.
THE PROPERTY MISDESCRIPTIONS ACT 1991 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order of fit for the purpose. Prospective Purchasers/Lessees are advised to obtain verification from their Solicitor or Surveyor. References to the tenure of this property are based on information supplied by our Clients. The Agent has not had sight of the Title Documents and prospective Purchasers/Lessees are advised to obtain verification from their Solicitor. These Particulars do not form, nor form any part of, an offer or contract. Neither Linays Commercial nor any of their employees has any authority to make or give further representations or warranties to the property
Ref: 4438
Premium
Commercial Energy Performance Certificate
£85,000 for the benefit of the leasehold interest, client’s goodwill and all fixtures and fittings within the premises.
Rating Assessment We understand from the Valuation Office Agency (VOA) website that the rates payable on the premises are £3,230.50 (2016/17 assessment). Interested parties are strongly advised to check the actual rates liability with the local authority directly.
Legal Costs The ingoing assignee is to be responsible for the payment of both parties’ legal fees.
Viewings Available by prior appointment via Linays Commercial Limited.
VAT We have been advised by our clients that VAT will NOT be payable upon the rental amount under current legislation.
Contact: Adrian Tutchings Mandeep Cheema
Email:
[email protected] [email protected] THE PROPERTY MISDESCRIPTIONS ACT 1991 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order of fit for the purpose. Prospective Purchasers/Lessees are advised to obtain verification from their Solicitor or Surveyor. References to the tenure of this property are based on information supplied by our Clients. The Agent has not had sight of the Title Documents and prospective Purchasers/Lessees are advised to obtain verification from their Solicitor. These Particulars do not form, nor form any part of, an offer or contract. Neither Linays Commercial nor any of their employees has any authority to make or give further representations or warranties to the property