Freehold Investment Sale
The property comprises a mid-terrace, three storey, commercial building set beneath a pitched roof with tiled coverings. The ground floor (245) is occupied as an Estate Agents and fitted out internally to the tenants preferred specification. The upper parts (247) are sold off on a long leasehold basis with access via a separate entrance from the pavement edge and provide office accommodation over first and second floor. Externally, the property incorporates a rear yard (concrete hard standing) which can be accessed via the ground floor.
Beckenham is a popular location within the London Borough of Bromley, approximately 10 miles south of Central London, 5 miles west of Bromley and 4 miles north of West Wickham. The town is located in the heart of the south-east commuter belt and is one of the principal suburbs within the borough. Beckenham Junction and Clock House railway stations are within walking distance where there are regular trains to London and Orpington. The building occupies a prominent position within an established parade on the High Street (A2015), a major thoroughfare with excellent levels of passing traffic and footfall adjacent to the junction with Croydon Road. A range of local shops trade in this location and a Odeon Cinema is located opposite.
583sq.ft (54.1sq.m)
Freehold – subject to the lease/s granted. We are instructed to seek offers at the sum of £215,000 (Two Hundred and Fifteen Thousand Pounds) exclusive. The upper parts are held by way of a Long Leasehold interest for a term of 250 years.
| Lease Dated: | 6th December 2016 |
| Property: | 245 High Street Beckenham Kent. |
| Tenant: | Hartwell Estates Ltd |
| Guarantor: | Private Individual |
| Rent: | £16,000pax – paid monthly in advance. |
| Term: | 10 Years from 1st May 2017 ending 30th April 2027. |
| Breaks: | 1st May 2022 (not exercised) |
| Rent Review Dates: | 1st May 2022 (outstanding) |
| Security of Tenure: | Within. |
