Freehold Retail, Restaurant, Office and Residential Investment
Freehold Retail, Restaurant, Office and Residential Investment
The popular London suburb of Beckenham, located in the London Borough of Bromley, lies some 8 miles south-east of Central London. The property is situated on a busy and attractive neighbourhood shopping parade with nearby occupiers including
Spar convenience store, Ladbrokes, neighbourhood bakers, pharmacy and various other restaurants.
Freehold.
The popular London suburb of Beckenham, located in the London Borough of Bromley, lies some 8 miles south-east of Central London. The property is situated on a busy and attractive neighbourhood shopping parade with nearby occupiers including
Spar convenience store, Ladbrokes, neighbourhood bakers, pharmacy and various other restaurants.
Freehold.
The property comprises two retail units on the ground floor, a selfcontained, modern office building to the rear and three selfcontained flats on the upper floors above the retail units.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises two retail units on the ground floor, a selfcontained, modern office building to the rear and three selfcontained flats on the upper floors above the retail units.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Unit | Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|---|
| 145 | Ground | Restaurant | 111.44 sq m |
(1,200 sq ft) |
MICHAEL PELOU on assignment (t/a Taste of Cyprus) |
20 years from 25/03/1996 |
£20,000 | 2014 |
| 147 | Ground |
Retail | 44.99 sq m |
(484 sq ft) |
TRACY DERMOTT (t/a Dermott Optical) (1) |
10 year from 06/08/2009 |
£14,000 | 2014 and 2019 |
| Dudley House |
Ground First Second |
Offices Offices Offices |
69.70 sq m 90.50 sq m 44.25 sq m |
(750 sq ft) (974 sq ft) (476 sq ft) |
SANCTUARY HOUSING ASSOCIATION (2) (3) |
25 years from 25/03/1991 |
£28,000 | (2016) |
| 145/147 | Upper |
3 Residential Flats |
Not Measured |
Not Measured |
A2 DOMINION HOMES LIMITED |
125 years from 25/03/1995 |
£300 (£100 per flat) |
|
| Totals | 360.88 sq m |
(3,884 sq ft) |
£62,300 | |||||
(1) The lease is subject to a Schedule of Condition.
(2) For the year ending 31st March 2009, Sanctuary Housing Association reported a turnover of £340,400,000, pre-tax profit of £31,100,000
and a total net worth of £632,500,000. (Source: www.riskdisk.com 25/01/2012)
(3) As to the office accommodation, the tenant has sub-let the unit.
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