Orpington Kent Br6 0Ny

251 – 259 HIGH STREET ORPINGTON KENT BR6 0NY PRIME HIGH STREET RETAIL INVESTMENT AND DEVELOPMENT OPPORTUNITY Orpington Village Hall War Tesco Memorial Superstore SUBJECT Brunswick Square PROPERTY Orpington Berkley Homes Campus of Development Bromley College Sainsbury’s Orpington Station Walnuts Shopping Centre High Street Outlines for indicative purposes only. 251 – 259 HIGH STREET ORPINGTON KENT BR6 0NY INVESTMENT CONSIDERATIONS DEVELOPMENT POTENTIAL 40,860 sq ft (3,796 sq m) mixed retail and office Vacant upper floors providing immediate The Property provides a number of potential building located within the main retail pitch development potential to residential or residential led development opportunities, on Orpington High Street alternative uses subject to planning (STP) (STP), including; Freehold Total site area of 0.83 acres (0.34 hec) Immediate conversion of the 2nd and 3rd floor offices to residential through Conveniently located between the new Tesco Separate 0.3 acre vacant site located adjacent Permitted Development Rights Super Store and the Walnut Shopping Centre to the main building providing further immediate development potential (STP) Redevelopment and expansion Let to Bonmarché Ltd and H Thornburrows of the existing building through & Co Ltd with an AWULT of 4.12 years Offers sought in excess of £3,600,000 a consented scheme (1.25 years certain) (Three Million Six Hundred Thousand Pounds) subject to existing leases, contract and exclusive Development of the 0.3 acre vacant site Low passing rent of £118,000 per annum of VAT reflecting a low capital value of £88.10 psf to the south of the property which forms with no value attributed to the site. part of the demise 251 – 259 HIGH STREET ORPINGTON KENT BR6 0NY LOCATION Orpington is an affluent market town in the London Borough of Bromley approximately 15 miles south east of Central London, 5 miles south east of Bromley and 10 miles east of Croydon. Orpington is located in the heart of the south east commuter belt and is one of the principal suburbs of the London Borough of Bromley. The town is served by South-eastern trains providing frequent services to Central London, with a fastest journey time of 18 minutes to London Bridge, making the town particularly popular with commuters. Harlow The town benefits from excellent■ road links being situated 4 miles St Albans ■ ■ Hemel south from Junction 4 of the M25. The town is servedChelmsford by 17 different Hempstead ■ bus routesA1(M) providing daily services■ around Orpington and Greater M1 Epping London. Orpington is M25located within 16.3 miles (26 km) of Central Watford Enfield ■ London and 34.3■ miles (55 km) of Gatwick airport. M11 Brentwood ■ Brent Cross Romford Basildon M40 ■ ■ ■ Wembley Uxbridge ■ Southend-on-Sea ■ Barking ■ ■ ■ Slough Canvey ■ Island M4 LONDON ■ Heathrow Windsor Richmond ■ ■ Dartford Gravesend Clapham ■ ■ Staines Ashford A20 A2 Bromley ■ Isle of Margate Croydon Gillingham Sheppey ■ ■ ORPINGTON ■ M3 Sutton ■ Whitstabe ■ A21 ■ M20 Sittingbourne Epsom ■ A299 ■ A253 Ramsgate Woking ■ ■ Biggin Hill Faversham Aylesford ■ A28 ■ ■ A249 Leatherhead M26 M2 ■ Canterbury A3 ■ M25 Sevenoaks A228 Maidstone ■ ■ Guildford ■ ■ Oxted A256 ■ A31 Redhill M20 Tonbridge A2 ■ Horley ■ M23 Gatwick Royal A24 East Tunbridge Ashford Grinstead Wells ■ Dover ■ ■ ■ ■ Crawley A21 A229 A20 Folkestone A26 ■ ■ Horsham A22 A2070 A23 Haywards Heath ROAD■ PositionedA272 on the A232 with links to the A21 connecting to London to the north. The M25 Dungeness ■ is an 8 minute drive to the south. ■ A259 Battle A283 Lewes ■ BUSA27 Hastings ■ The town’s bus station is located next to the Brighton ■ ■ train station providing regular services to Bognor Worthing Newhaven Regis Bromley, Lewisham,■ Woolwich and Bexleyheath. ■ Eastbourne ■ RAIL Direct services to London Bridge, Charing Cross and London Victoria. Fastest journey time to London Bridge of 18 minutes. AIR Gatwick Airport is a 27 minute drive to the south. The airport serves approximately 200 destinations in 90 countries. Orpington PRIME HIGH STREET RETAIL INVESTMENT AND DEVELOPMENT OPPORTUNITY SITUATION The property is centrally located on Orpington High Street within the main retail thoroughfare. The High Street comprises a wide variety of A1 retail, restaurants, financial and professional services with a mix of national and independent occupiers. The property benefits from a high footfall being conveniently situated between the new Tesco Superstore to the south of the High Street and the Walnuts Shopping Centre. The rear of the property is accessed via Gravel Pit Way which runs adjacent to the east of the High Street. Orpington railway station is situated within a 5 minutes walk (0.3 miles) of the subject property. E U N O E V R A B R P D D O I O N L A M H G E O I Priory Gardens I LL R T F RO Y K AD O A C N I M B SW C H Y E UR R P K CH AM S A HIL DE L N R S O S AD ST . K L ILD YN A R OA D T W E O E E R O S S D O H L G C G I R H N Walnuts O O V S Shopping E N I Centre V Walnuts D A Leisure O D R Centre A S O C N R O A E U KN L T O R LL G A R T I Sainsbury’s G D SE U J R H R C S O Y T L AD U N L RD ( A A S 2 W D 2 N 4 ) Y A A H L W P O E T M U I H N E I P F L A IELD L L R L ISE V E T I V E S A W U R LA G N R G C U IN Orpington O G A R A OA D D VACANT SITE A2 32 2 D 3 FE 2 A L A STEA O D RO R AD S K T A O O N H W IL E E LCR R V ES E T R RO D S AD © Crown Copyright, ES 0004. For identification purposes only. Experian Goad Plan Created: 29/04/2016 50 metres Created By: Allsop Copyright and confidentiality Experian, 2016. © Crown For more information on our products and services: copyright and database rights 2016. OS 100019885 www.experian.co.uk/goad | [email protected] | 0845 601 6011 Surrounding local retailers include: 251 – 259 HIGH STREET ORPINGTON KENT BR6 0NY DESCRIPTION The subject property comprises a prominent 4 storey, mix use commercial building totalling 40,860 sq ft (3,796 sq m). There are two retail units arranged over ground and first floor levels with separate self-contained office accommodation at 2nd and 3rd floor levels. Unit 1, 253-255 High Street (Bonmarché): Unit 2 – 257-259 High Street (Thornburrows): Bancroft House (offices): Unit 1 comprises a ground floor retail unit with first floor office and storage Unit 2 comprises a ground floor retail unit with first floor office and storage accommodation Bancroft House provides self-contained office accommodation totalling 9,860 sq ft (1,612 ITZA). The unit provides open plan totalling 14,423 sq ft (2,196 ITZA). The unit provides open plan ground floor sales accommodation accommodation totalling 16,577 sq ft (1,540 sq m) ground floor sales accommodation with a shop depth of approximately 52.5 m (172 ft) with shop depth of approximately 52.5 m (172 ft) fronting Orpington High Street. The retail arranged over the second and third floors, situated fronting Orpington High Street. The retail space leads to ancillary staff/office space leads to ancillary staff/office accommodation and WC facilities to the rear. The unit immediately above the two retail units. The offices are accommodation and WC facilities to the rear. The unit benefits from roller benefits from a roller shutter door which provides direct access to the rear car parking area. accessed via a separate entrance at ground floor level shutter doors which provide direct access to the rear car parking area. The first floor is accessed via a pedestrian stairwell and goods lift to the rear of the unit as fronting the high street. The offices benefit from The first floor is accessed to the rear of the unit via a stairwell and goods lift and well as a dual access escalator within the sales area. The first floor comprises open plan stairwell and lift access from ground floor level. comprises open plan storage with office and ancillary staff accommodation. storage with office and ancillary staff accommodation. PRIME HIGH STREET RETAIL INVESTMENT AND DEVELOPMENT OPPORTUNITY 239 Offices 268 Ho me 241 fie 270 ld R ise 272 e 243 s i 6 R 245 d 8 274 l e i e f 10 s e 247 u s e o u 12 H o m k H 276 c o i s 249 w a H r d i e M B 251 2 278 18 253 280 20 255 282 22 e s u 257 o H t f 284 o r 26 c n 259 a 28 B 286 y 261 a 288 W it K P no 263 ll l Ri 290 e se v a 265 r G 267 269 e n a L 271 s u t s 273 u 294 g u A 275 296 277 298 300 302 279 304 Vacant Site 281 306 283 308 27 25 285 29 310 23 289 TOTAL SITE AREA VACANT SITE 312 21 291 The property including the The property includes a separate vacant 293 314 19 vacant site has a total site 0.3 acre site located to the south of the 295 area of 0.83 acres (0.34 hec).

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