Property Information
Address:
183-187 High Street, Bromley, Kent
, BR1 1NN
, Kent
, United Kingdom
Price: Buy: POA
Size: 3097 sq ft288 sqm
Primary Category: Shop
All Categories:
Investment, Land, Shop,
Property Ref/Movehut: MH678932
Property Ref/Agent: 1002500
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 10, 2024
Property description
The properties comprise two x three storey and one x single storey mid-terraced Victorian properties, benefitting from a large yard area to the rear fronting Walters Yard.
There are three separate buildings, which are all vacant apart from the ground floor of 187 High Street. This is let on a 10 year full repairing and insuring lease from 17 November 2017 at £14,000 per annum. The rent review dated 24 June 2020 has not been instigated. There is also one further review on 24 June 2025.
The site offers significant development potential. Various feasibility studies have been carried out, including converting the offices to residential and developing part of the large rear area.
SUMMARY
Development Opportunity
Prominent main road location
Freehold
Low Capital Value
Asset management opportunities with high yielding reversionary potential
Summary
Development Opportunity
Prominent Main Road Location
Freehold
Low Capital Value
Asset management opportunities with high yielding reversionary potential
Offers in excess of £845,000 unconditional.
Full vacant possession
;