Freehold Leisure Investment
Freehold Leisure Investment
The property is situated in a prominent position on the east side of Bromley Hill (A21), an important thoroughfare through South-East London and approximately 1 mile north of Bromley town centre. The location is a mixed use area with neighbouring users being predominantly residential, car showrooms and a petrol filling station.
Freehold.
The property is situated in a prominent position on the east side of Bromley Hill (A21), an important thoroughfare through South-East London and approximately 1 mile north of Bromley town centre. The location is a mixed use area with neighbouring users being predominantly residential, car showrooms and a petrol filling station.
Freehold.
The property comprises a substantial commercial unit used as leisure accommodation on the ground floor with ancillary accommodation on the first floor. The property benefits from on-site car parking and may be suitable for possible future residential development, subject to consents.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a substantial commercial unit used as leisure accommodation on the ground floor with ancillary accommodation on the first floor. The property benefits from on-site car parking and may be suitable for possible future residential development, subject to consents.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reversion | |
|---|---|---|---|---|---|---|---|
| Ground First |
Leisure Ancillary |
337.24 sq m 42.27 sq m |
(3,630 sq ft) (455 sq ft) |
INDIVIDUAL (t/a ‘Quasar Elite’) (1) |
10 years from 08/03/2007 on a full repairing and insuring lease |
£31,250 |
08/03/2017 |
| Total | 379.51 sq m |
(4,085 sq ft) |
£31,250 | ||||
(1) Following extensive research period and dedicated trials, Quasar Elite was officially launched in 2005 and runs game centres from 21 sites in the UK and approximately 20 other sites across Europe and Russia. (Source www.quasarelite.com 07/01/2013)
(2)The above floor areas were agreed between the surveyors acting for the parties at the June 2000 Rent Review.
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