Chislehurst High Street, BR7

As sole agents Truepennys are delighted to offer to the market a rarely available business in a highly sought after location at the heart of Chislehurst High Street. The discerning purchaser will have a huge opportunity to expand the already successful location and customer base.

This bar is currently only trading on reduced hours due to the owners choice and therefore offers fantastic scope to extend trading hours to capitalise on its prime location and 60+ covers. It currently operates over two levels which provides excellent facilities for private events/bookings including an attractive roof terrace overlooking the Chislehurst ponds! Bar licence hours, 11am-11pm Monday - Saturday, 11am-10pm Sunday.

Offers are invited in the region of £40,000 - £50,000 by way of premium for the existing trading business which will include all stock, fixtures, fittings as well as an assignment of the existing lease which is within the LTA. The business is located within the Borough of Bromley, in a prime high street position with clientele from Bromley, Sundridge Park, Bickley, Chislehurst, Petts Wood and Locksbottom all within easy reach. 

Premium: Our clients are seeking offers in the region of £40,000 - £50,000 for the existing business by way of an assignment which will include all stock, fixtures & fittings.  

Tenure: We have been advised the the current lease is for an initial 10 year term from 2021 with a break clause at 5 years. The current passing rent being £42,000 P.A. 

Business Rates: We understand that that the current rateable value for this property as of April 2023 is £12,750. Prospective purchasers are advised to make their own enquiries as to any entitlement to small business rates relief directly with Bromley Borough Council. 

Viewing: Stickley by appointment only via Truepenny’s.

Truepenny's Property Consultants for themselves and for the owner of this property for whom we act as agents, give notice of the following: (1) these particulars do not constitute any part of an offer or contract, (2) all statements contained within these particulars are made without responsibility on the part of the Landlord/Vendor or Truepenny's Property Consultants, (3) none of the statements contained within these particulars are to be relied upon as a statement of representation or fact, (4) any intending tenant/buyer must satisfy him/herself by inspection or otherwise as to the correctness of each of the statements contained within these particulars, (5) the Landlord/Vendor does not make or give either Truepenny's Property Consultants or any person in their employment any authority to make or give representation or warranty whatsoever in relation to this property. (5) any computer generated images, virtually staged images, artist-s impressions and floorplans are used purely for illustrative purposes only. They are intended to show what furnishings or fixtures could look like at the property and does not necessarily represent the actual furnishings and fixtures which maybe present at the time of inspection.