£740,000

Property for sale

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Just added

Offers over

£740,000

Property for sale

65 High Street, Bromley, Kent BR1

Local area information

Property location

Nearby amenities

  • Bullers Wood School for Boys 0.2 miles
  • Bromley South 0.2 miles
  • St Mark's Church of England Primary School 0.3 miles
  • Bromley North 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Bromley to find out more about the local area.

Features and description

  • Retail investment property let to Blacks until 2029
  • Producing £52,000pa
  • Prime position on Bromley's busy high street
  • Measures 3,073 sqft across four floors
  • Tenant in occupation since 1973
  • Oieo: £740,000 + VAT (7.02% return)
  • Reflecting £240 per sqft
The property comprises a red brick, Victorian terraced property with well configured retail accommodation over basement, ground and two upper floors. The property measures a total of 3073 sqft internally with the ground floor serving as the main retail area and the remaining floors as storage, staffroom & ancillary. The tenants have been in occupation since 1973 and signed a new, 5-year lease in 2024 (Fri) at a passing rent of £52,000pa. Blacks Outdoor Retail Limited is one of the largest outdoor retailer in the UK with stores nationwide is a subsidiary of jd sports, which is listed on the ftse 250. The property has potential for future development of the uppers into residential (STPP) however, the property is being sold subject to the existing tenancy agreement. This property would make an ideal purchase for a local investor or sipp and is available immediately

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. Bromley (London Borough)
  5. Bromley
  6. High Street
  7. The Glades Shopping Centre