High Street Retail Property for sale

2 East Street, Bromley, Kent BR1


OIEO
£275,000
S.O.A.

Description

An opportunity to acquire the long leasehold interest of a ground and basement floor self-contained commercial unit along the popular East Street in Bromley. The subject unit measures c.700sqft, is split evenly over ground and basement and has been recently refurbished. The unit is laid out to include two main offices on the ground floor, two further office/storage rooms in the basement, along with kitchenette, WC facilities and small courtyard.

The unit is located on the south side of East Street a short walk away from Bromley High Street. East Street itself includes a mixture of retailers including cafes, restaurants and shops, whilst Bromley high street boasts a number of national retailers and leisure activities. Bromley North (0.1 miles) & Bromley South (0.5 miles) Stations both provide a regular & frequent services into Central London and other popular destinations further afield.

This property will likely appeal to businesses who operate under the E use class, solicitors, estate agents, accountants to name a few. For investors we believe the estimated rental value (ERV) is in the region of £20,000-£22,000p/a.

The subject unit will be granted a new 999 long lease upon completion.

Categories

High Street Retail PropertyOfficesLight Industrial
Property reference
CP25088_179