Property photos
Freehold
£850,000
(£133.69/sq. ft)
Office for sale
Bencewell Business Centre, Oakley Road, Bromley, Kent BR26,358 sq. ft
Local area information
Property location
Nearby amenities
- Ravens Wood School 0.4 miles
- Trinity Church of England Primary School 0.5 miles
- Hayes (Kent) 1.3 miles
- Bickley 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Property Type - Commercial Investment
- Total Current Income - £124,874.08
- 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)
Unique investment opportunity to purchase an income generating serviced office in the heart of Bromley.
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 there is an additional 2,944sqft yard space used for parking. The property comprises 12 office suites along with a kitchen, toilets, storage room and a communal meeting room. The 12 office suites occupies just under 4,000 sqft of the building and the rest is communal areas. There is an additional 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 £128,559.96 and the tenants also pay a service charge of £21,600 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 £121,261.53 per annum.
The property has a hands off management structure with codes to enter the premises and no communal equipment outside of the kitchen. There is 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.
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 there is an additional 2,944sqft yard space used for parking. The property comprises 12 office suites along with a kitchen, toilets, storage room and a communal meeting room. The 12 office suites occupies just under 4,000 sqft of the building and the rest is communal areas. There is an additional 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 £128,559.96 and the tenants also pay a service charge of £21,600 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 £121,261.53 per annum.
The property has a hands off management structure with codes to enter the premises and no communal equipment outside of the kitchen. There is 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.
Floor plans and tours
Floor plans (1)
More information
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