19 Heathfield Rd 442 sq ft Office Property Keston BR2 6BG £300,000 (£678.73/sq ft) 4.80% Net Initial Yield

Investment Consideration:
Gross Initial Yield: 4.80%
Rental Income: £14,400 p.a.
VAT is NOT applicable to this property
Comprises new-build in 2025 office building
Occupiers nearby including Post Office, Hair Salon, Convenience Store, Restaurant and more.
Property Description:
Comprises single storey office building on a site of approx. 63 sq m (682 sq ft), providing the following accommodation and dimensions:
Ground Floor: 41 sq m (442 sq ft)
2 Office Suites, WC
Tenancy:
The entire property is at present let to Pres Fire Services Limited (with personal guarantee) for a term of 5 years from 12th December 2025 at a current rent of £14,400 p.a. and the lease contains full repairing and insuring covenants. Rent review 12.06.28 open market upward only. Tenant option to determine on 12.06.28 with min 6 months notice. Deposit held of £3,600
Location:
The property is located to the rear of Heathfield Road (B265), accessed via Lakes Road. Conveniently positioned for access into South East London and North Kent, Bromley & Orpington are within 3 miles, and Croydon is within 6 miles. Junction 4 of the M25 is approx. 7 miles due west. Occupiers nearby including Post Office, Hair Salon, Pub and more.