14 Elmfield Road, Bromley Greater London BR1 1LR

14 Elmfield Road,
Bromley
Greater London
BR1 1LR

Virtual Freehold Retail Investment

  • Let on a recent 15 year lease until 2031 (No breaks)
  • 50m from the main entrance to the Major 130+ unit Glades Shopping Centre
  • Nearby occupiers include Debenhams, Apple, H & M, River Island and Boots the Chemist
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    68
  • Auction
    30th March 2017
  • Rent
    £20,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £260,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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  • Map

* More information on the term "guide" can be found here

Virtual Freehold Retail Investment

  • Let on a recent 15 year lease until 2031 (No breaks)
  • 50m from the main entrance to the Major 130+ unit Glades Shopping Centre
  • Nearby occupiers include Debenhams, Apple, H & M, River Island and Boots the Chemist
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 68
  • Auction 30th March 2017
  • Rent
  • Status Sold
  • Price £260,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
7 miles north-east of Croydon, 12 miles south-east of Central London
Roads
A21, A205 (South Circular Road), M25 (Junction 4)
Rail
Bromley South Railway Station
Air
London City Airport, London Gatwick Airport,
London Heathrow Airport
Situation

The property is situated on the south side of Elmfield Road, directly opposite the major 130+ unit Glades Shopping Centre and adjacent to the Mall Shopping Centre. The Glades Shopping Centre accommodates major occupiers including Marks & Spencer, Debenhams, H & M, River Island, Costa Coffee, Superdrug, Apple, French Connection, The Disney Store and Footlocker.

Tenure

Virtual Freehold. Held for a term of 999 years from completion at a fixed ground rent of £300 per annum.

Location
Miles
7 miles north-east of Croydon, 12 miles south-east of Central London
Roads
A21, A205 (South Circular Road), M25 (Junction 4)
Rail
Bromley South Railway Station
Air
London City Airport, London Gatwick Airport,
London Heathrow Airport
Situation

The property is situated on the south side of Elmfield Road, directly opposite the major 130+ unit Glades Shopping Centre and adjacent to the Mall Shopping Centre. The Glades Shopping Centre accommodates major occupiers including Marks & Spencer, Debenhams, H & M, River Island, Costa Coffee, Superdrug, Apple, French Connection, The Disney Store and Footlocker.

Tenure

Virtual Freehold. Held for a term of 999 years from completion at a fixed ground rent of £300 per annum.

Description

The property comprises ground floor retail accommodation and forms part of a larger building.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises ground floor retail accommodation and forms part of a larger building.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
Ground
Retail
55.68 sq m
(599 sq ft)
ZIPPY STITCH
LIMITED

15 years from 14/12/2016 until 2031
£20,000
14/12/2021
Total  
55.68 sq m
(599 sq ft)
    £20,000
 

Property Documents

  • Catalogue Page
    Updated Date
    29.10.19
    File Size
    632 KB
    View PDF
  • Site Plan
    Updated Date
    29.10.19
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Howard Kennedy Solicitors No 1 London Bridge
London
SE1 9BG
Charles Maxwell 0203 755 5806charles.maxwell@howardkennedy.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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