Bencewell Business Centre, Oakley Road, Bromley, Kent, BR2
£117.96 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
6,358 sq ft
591 sq m
- SECTOR
Serviced office for sale
Key features
- Property Type - Commercial Investment
- Total Current Income - £104,325.57
- Size - 6,358 sqft / 590.6 sqm
- Local Amenities - Bromley High Street (2.3 miles) Locksbottom High Street (3.3 miles) Chislehurst High Street (3.9 miles)
Description
Opportunity to purchase a fully let serviced office investment in the heart of Bromley at a net initial yield 13.1%.
The property is located within a former agricultural building, converted into a serviced office centre with a mezzanine floor.
The site measures 0.37 acres which includes the office building and the car park.
The existing building measures 6,358 sqft over ground and mezzanine floors and benefits from ample parking behind a private gate.
The property comprises 12 office suites along with a kitchen, toilets, storage room and a communal meeting room. There is a storage room at first floor level measuring approximately 500 sqft that could potentially be converted into another office.
The property is fully tenanted generating a gross income of £125,376 and the tenants also pay a service charge of £7,848 per annum. The landlords are responsible for utilities which is approximately £28,898.43 per annum and therefore the net income after bills (rates, gas, water, electricity, insurance) is £104,325.57 per annum.
The property has a hands off management structure with a virtual reception service at an additional cost to the tenants.
Unconditional offers with the tenants in situ will be considered and a full legal pack is available.
Brochures
Bencewell Business Centre, Oakley Road, Bromley, Kent, BR2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hayes Station1.3 miles
- Petts Wood Station1.8 miles
- Bickley Station1.9 miles
About Whozoo, London
Unit 2, 2 Delacourt Road, London, SE3 8XA
Whozoo formerly known as City & Counties is the UK’s first hybrid commercial estate agency, empowering agents to have successful careers in the commercial property sector, whilst delivering a new kind of service and value for their clients.
We operate in the mass market and treat every property owner with the same respect and professionalism whether you own a £100,000 or £10,000,000 property.
Notes
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