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Commercial Investment for Auction Bromley BR1
Auction Date
23 April 2025
Guide Price
£490,000
Property Summary
Guide Price £490,000. A mid terrace commercial building arranged to provide a ground floor retail unit and first and second floor ancillary space. The property is situated on a mixed use road close to local shops and amenities. The ground floor is subject to a lease for a term of 10 years commencing 1st May 2023 at a rent of £32,000 per annum. There are 3 yearly rent reviews and a break clause in 2028. The first and second floors are subject to a lease for a term of 15 years commencing 18th June 2018 at a rent of £17,000 per annum. There are 3 yearly rent reviews and break clauses.
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