Under Offer
The property comprises a ground floor retail unit forming part of a prominent, three-storey, end of terrace building which has recently been extended to the side and rear. The two upper flats are sold off on a long leasehold basis subject to a peppercorn rental income.
The premises are currently used as a micropub, such providing an open plan service/seating area with return frontage onto Croft Avenue, rear ancillary space, ladies and gents WC facilities plus front forecourt.
Tenancies
Ground Floor – let upon a full repairing and insuring lease to The Real Ale Way Limited with two personal guarantors, for a term of 20 years commencing 01/07/2021 subject to rent reviews at 5-yearly intervals and tenant-only break clauses at 01/01/2028 & 01/07/2034. The passing rent is £19,500 per annum exclusive.
A full copy of the commercial lease is available upon request.
The upper parts are sold off on long leases subject to peppercorn rents.
West Wickham is an affluent suburb located within the London Borough of Bromley, approximately 12 miles south-east of Central London. The building is situated at the eastern end of Station Road (A214) within close proximity to its junction with West Wickham High Street. Nearby occupiers include a Sainsburys Supermarket and Boots Pharmacy.
West Wickham Station is located only 0.3 miles north, offering direct and regular services to Central London.
834 sq ft (77.51 sq m)
Guide Price: £295,000 (Two Hundred and Ninety-Five Thousand Pounds) for our client’s freehold interest, subject to the occupational lease of the ground floor and long leases of the upper flats.
