For Sale
The subject property comprises a three-storey, mid-terrace building forming part of a popular local parade, occupying a prominent position overlooking the junction of Ravenswood Crescent and Beckenham Road (A214). West Wickham Rail Station lies just 160 metres north, providing regular direct services to London Bridge and Charing Cross.
The property is arranged to provide a ground floor retail unit with modern shopfront trading as a Dry Cleaners, a well presented first floor two-bedroom flat with terrace, plus a further one-bedroom unit at second floor level. The upper parts are accessed via a common area with dedicated front entrance.
Freehold – Title No: 152141
Ground Floor
The ground floor retail unit is subject to a FRI lease granted to ‘Wash Connect Ltd’ (with Guarantor) expiring March 2036 with no earlier break clauses, at a passing rent of £18,000 per annum exclusive subject to review in March 2027, 2030 & 2033. We are advised the ground floor has traded successfully as a dry cleaners for over 30 years.
1st Floor Flat
Subject to an Assured Shorthold Tenancy Agreement at a passing rent of £1,200 PCM.
2nd Floor Flat
Subject to vacant possession. The unit will shortly be marketed on a new AST basis at £1,100 PCM.
West Wickham is an affluent suburb located in the London Borough of Bromley, lying approx. 12 miles south-east of Central London.
2,105 sq ft (195.56 sq m)
Guide Price: £695,000 (Six Hundred and Ninety-Five Thousand Pounds) for our client’s freehold interest, subject to the occupational lease/tenancies granted.
