Lot 29: FREEHOLD WITH VACANT SHOP AND POTENTIAL TO BUILD

Mixed Commercial/Residential - Bromley & Orpington Area
Mixed Commercial/Residential - Bromley & Orpington Area
Shop Trading Area
Mixed Commercial/Residential - Bromley & Orpington Area
Rear of property
Sold After

A freehold shop situated in a shopping parade in the heart of buzzing Bromley, with its mix of shops, restaurants and bars. The Glades shopping centre is a short walk away and the area attracts many London commuters wishing to live in a vibrant town with good transport links.

The premises are currently trading as an ironmongers with A1 Use but will be vacant on completion. It comprises a sales area fronting onto the street with storage rooms, toilet and kitchenette to the rear and basement below. The freehold has the benefit of a ground rent income from the flat above which has been sold on a long lease. There is also potential to add value by way of extending and converting the rear store rooms into a one bedroom apartment, subject to all necessary consents being obtainable.

Ground Floor

Retail area, two storage rooms, toilet and kitchenette.

Basement

Storage area.

Outside

Yard to the rear.

18A London Road

Tenure

Sold on a 125 year lease, from 1st January 1996, at a current ground rental of £50 per annum.

Planning

Plans have been drawn up to convert the rear of the property into a one bedroom ground floor apartment. Further information will be contained in the legal pack which will be available to download from the Clive Emson website or inspection from the Auctioneer’s Office.

Interested applicants are advised to make their own enquiries with The London Borough of Bromley. Tel: 020 8313 4956. Website: bromley.gov.uk.

Freehold with Part Vacant Possession

Commercial EPC: E