A private trust, advised by Curchod & Co, has sold the investment at 340 High Street, Orpington, Kent, reflecting a gross initial yield of 6.5 per cent.
The property comprises a ground-floor retail unit with a self-contained residential flat above. The shop is let to Oxfam, with the residential element also fully occupied, offering a stable mixed-use income stream in a traditional town centre location.
Tom Nurton at Curchod & Co, commented: “There continues to be strong demand for retail with residential investments in this area, supported by the resilient performance of essential retailers.”
For further information, contact Tom Nurton or Alex Blown, Associate Partners at Curchod & Co.
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