Bencewell Business Centre, Oakley Road, Bromley, London, BR2
- PROPERTY TYPE
Business Park
- SIZE
5,742 sq ft
533 sq m
Key features
- Commercial property of 5,743 sqft plus 967 sqft loft on 0.37acre site
- Fully let and producing a gross income of £125,900pa + VAT and net income of c.£88,310.36pa + VAT after running costs.
- Can be purchased fully or part let or with vacant possession
- 23 parking spaces
- OIEO £750,000 F/H
Description
located over ground, lower ground and mezzanine floors which is currently running as a business
centre www. bencewellbusinesscentre.co.uk.
At ground floor level there is a main reception area, communal hallway, 5 offices, print room,
meeting room, communal kitchen, WC (accessible) and staircase leading to attic storage. At lower
ground floor level there is a large open plan office containing 2 internal management offices/
meeting rooms. The mezzanine level has a further 5 offices leading off a communal hallway.
Externally there is a level concrete car park with parking for up to 23 vehicles. The property
benefits from central heating throughout with the units having air cooling. The offices each have
their own phone lines with fibre optic cables.
The current gross rental income and service charge the property is producing is £125,900pa. + VAT. Following Landlord disbursements for utilities (business rates, gas, water, electricity, maintenance and insurance) the net income level is c.£88,310.36pa + VAT which represents a net
investment yield of 11.77%. 10 of the 11 offices are let by way of licence agreement with a 3 month Landlord termination clause. The lower ground office is on a 3-year lease running from 1st July 2024-30th June 2027. There may be the possibility to end this sooner if the buyer wishes. Each tenant has put down a 3 month deposit with rent being paid in advance. The property also has a good sized loft at the front of the building which is being used for storage.
Purchasers have the opportunity to acquire the building as an investment or to operate their
business from part or all of the property to suit the
amount of space they require, whilst benefitting from rental income.
Brochures
Brochure 1Bencewell Business Centre, Oakley Road, Bromley, London, BR2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hayes Station1.3 miles
- Petts Wood Station1.8 miles
- Bickley Station1.8 miles
About the agent
Established in 1984 as a single, independent estate agency, The Acorn Group, which incorporates Acorn, Langford Russell and John Payne, now spans 40 offices throughout South London, Kent, and Medway. Our highly skilled team is dedicated to providing tailored services to all our clients. We cover a comprehensive range of property services including financial services, chartered surveyors, property management, lease extensions and more.
Industry affiliations
![National Association of Estate Agents](https://media.rightmove.co.uk/dir/customer/industry-affiliation/national-association-of-estate-agents_max_135x100.png)
![Ombudsman for REsale Estate Agents (no OFT logo)](https://media.rightmove.co.uk/dir/customer/industry-affiliation/ombudsman-for-resale-estate-agent_max_135x100.png)
![Association of Residential Letting Agents](https://media.rightmove.co.uk/dir/customer/industry-affiliation/association-of-residential-lettings-agent_max_135x100.png)
Notes
Disclaimer - Property reference 5836. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Acorn New Homes, Land & New Homes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.