Commercial Properties For Sale in Bromley (London Borough)
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An attractive opportunity to acquire a 3 -storey commercial building with active asset management potential. The mid-parade building was originally constructed in the mid-1900s, with extension to the rear at a later date . The property is currently arranged as a split-level commercial unit let to a gym operator who is due to vacate in December 2026. The upcoming vacancy of 72 Elmers End Road in December 2026 presents an opportunity to significantly enhance rental income (the unit is currently heavily underlet) and/or explore the conversion of the upper parts to residential use, subject to planning permission (STPP).
- Freehold, commercial building for sale
- Planning use Class E
- 3,865 sqft
A unique opportunity for investors and developers alike to acquire a well-known freehold site in Bromley. Offered to the market for the first time in 22 years, the site includes 4570sqft of existing property, along with potential for re-development (stpp). The site includes a commercial unit at 256 High Street, which is let to a nail bar at a passing rent of £17,250pa and is situated over basement & ground floors with a small garden at the rear. 256a High Street comprises of a ground, first and second floor commercial unit with a parking space which is currently owner operated as a fully licensed bar / nightclub and will be offered vacant possession from 01.04.2026. Additionally, no.258 High Street comprises a basement, ground and first floor restaurant which is let to an operator at £27,500pa and includes a 4-bed flat above on a wrapped lease until 2033. The property has a prominent frontage and is accessible from the rear via the commercial units and Mitre Close car park behind. There appears to be development potential either through HMO conversion and extension of the uppers, or a comprehensive re-development of the site (stpp). Opposite the property, 241 High Street, Bromley benefits from a lapsed planning permission (Feb 2021) for a new build block comprising 3 flats and was sold in 2024 for development. The commercial buildings are in fair condition throughout, whilst the 4-bedroom flat would benefit from light refurbishment and cosmetic works. The site
- Income producing freehold in Bromley.
- 4570 sqft across Basement, Ground, First and Second Floors.
- Comprises 1 x commercial unit, 1 x restaurant, 1 x bar / nightclub & 1 x 4-bed flat.
- Freehold development site extending to 0.23 hectares (0.58 acres)
- Cleared site with good road frontage surrounded by residential
- Indicative scheme for 22 units following discussions with the London Borough of Bromley