Two Retail Shop Units with Upper Floors for Sale in Bromley London
Bromley, London
- Status
FOR SALE
- Advert ID
652394
- Reference
N1008 / Rightbiz
- Call Agent:
- Freehold: £975,000
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
FREEHOLD COMMERCIAL INVESTMENT 2 ADJACENT RETAIL SHOP UNITS WITH UPPERS
ADVERT TEXTFREEHOLD COMMERCIAL INVESTMENT
2 ADJACENT RETAIL SHOP UNITS WITH UPPERS
LOCATION
Situated on Beckenham Lane (A222) between Ravensbourne Avenue and Meadow Road in Shortlands, diagonally opposite the train station and close to Bromley town centre. Neighbouring occupiers include a supermarket, kitchen showroom, cafe, hairdressers, laundrette, fish & chip shop, estate agents, tailors and fire place showroom. Shortlands mainline railway station is opposite the premises, providing services to London Victoria, London Blackfriars, Orpington and Sevenoaks. There are also buses serving the area located on Beckenham Lane.
BUSINESS
Two prominent shops/offices arranged over two floors, one end of terrace and the other mid terrace, with upper parts and rear yards/gardens accessed via a side access.
Number 106 is let to Chang Thai Spa, arranged over the ground and first floors. Number 108 is let to Gledhill & Sons Funeral Directors office on the ground floor. We are advised that the first floor self-contained one bedroom flat is let out to an individual. Contact us for further information.
There is potential to convert the upper floors and rear yard/garden areas into additional residential units, subject to planning and vacant possession.
PREMISES
ACCOMMODATION NUMBER 106 NUMBER 108
Ground Floor Shops 46.91 m2 505 ft2 41.81 m2 450 ft2
First Floor 39.95 m2 430 ft2 36.69 m2 395 ft2
TOTAL 86.86 m2 935 ft2 78.50 m2 845 ft2 G.I.A
TENURE
Freehold. With the benefit of a 10 year lease from December 2024 on number 106 (Chang Thai Spa), at a passing rent of £25,000 per annum, with 3 yearly rent reviews and a tenant break in 2029.
Number 108 (Gledhill & Sons) has a 3 year lease in place from February 2025 for the ground floor shop/office, at a passing rent of £12,000 per annum. The self-contained first floor flat above is let out at £1,000 per calendar month.
EPC RATING
TBA
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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