Property photos
Just added
Leasehold
Fixed price
£950,000
(£96.18/sq. ft)
Property for sale
Building 528, Churchill Way, Biggin Hill Airport, Biggin Hill TN169,877 sq. ft
Local area information
Property location
Nearby amenities
- Oaklands Primary Academy 0.5 miles
- Biggin Hill Primary School 0.6 miles
- Hayes (Kent) 3.9 miles
- Chelsfield 4.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Existing lease expires 15.09.26
- Rental growth potential
- Lease outside Landlord & Tenant Act
- Just under 1/2 acre
- Guide Price: £950,000
Description
Building 528 is a 1960's built aircraft hangar situated within the perimeter of Biggin Hill Airport. The hangar is of a traditional portal frame construction and benefits from sliding concertina doors, concrete floors, hardstanding and direct access to the runway.
Internally, the hangar benefits from gas heating, suspended halogen lighting and office space on two levels.
Location
The building is located on the south side of Biggin Hill Airport adjacent to the Biggin Hill Airport Trading Estate. Biggin Hill is strategically located approximately 6 miles south of Bromley town centre and just over 10 miles north west of Sevenoaks. Access to the A25 is via the A233 which runs through Biggin Hill to Westerham to the south. The M25 junction 5 is some 9 miles to the south east.
Tenancy
The property is let on Fri terms to Zenith Aviation Limited for a term expiring on 15th September 2026 at a rent of £50,000 pa. The lease is contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954.
Opportunities
* Based on comparable transactions, it is considered that there is rental growth with an erv in the region of £118,500 pa.
* Biggin Hill Airport has had significant investment in recent years
* There is an opportunity to obtain vacant possession in September 2026 when the existing lease expires
Tenure & Price
The property is held under a ground lease from the London Borough of Bromley with approximately 60 years unexpired. The current ground rent is £29,970 pa.
The ground lease is available to purchase at a price of £950,000, subject to contract and the occupational tenancy to Zenith Aviation.
Building 528 is a 1960's built aircraft hangar situated within the perimeter of Biggin Hill Airport. The hangar is of a traditional portal frame construction and benefits from sliding concertina doors, concrete floors, hardstanding and direct access to the runway.
Internally, the hangar benefits from gas heating, suspended halogen lighting and office space on two levels.
Location
The building is located on the south side of Biggin Hill Airport adjacent to the Biggin Hill Airport Trading Estate. Biggin Hill is strategically located approximately 6 miles south of Bromley town centre and just over 10 miles north west of Sevenoaks. Access to the A25 is via the A233 which runs through Biggin Hill to Westerham to the south. The M25 junction 5 is some 9 miles to the south east.
Tenancy
The property is let on Fri terms to Zenith Aviation Limited for a term expiring on 15th September 2026 at a rent of £50,000 pa. The lease is contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954.
Opportunities
* Based on comparable transactions, it is considered that there is rental growth with an erv in the region of £118,500 pa.
* Biggin Hill Airport has had significant investment in recent years
* There is an opportunity to obtain vacant possession in September 2026 when the existing lease expires
Tenure & Price
The property is held under a ground lease from the London Borough of Bromley with approximately 60 years unexpired. The current ground rent is £29,970 pa.
The ground lease is available to purchase at a price of £950,000, subject to contract and the occupational tenancy to Zenith Aviation.
More information
Listed by
Karrison Property
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