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35-37 Upper Elmers End Road, Beckenham, Kent

Guide Price
£650,000

Business rates & charges may apply

Acorn Limited, Acorn Commercial
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SECTOR

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Key features

  • Car garage & showroom investment
  • Currently let at £45,000pa on a FRI lease
  • No break options in the lease
  • Located on Elmers End Green, Beckenham
  • Measures 3,000 sqft (£216 per sqft)
  • Guide price £650,000 F/H

Description

Acorn Commercial are pleased to bring this prominent commercial investment to the market. The property is currently let on a 10-year, FRI lease to a garage & showroom operator at £45,000pa. The lease has no break clauses, is inside the 1954 LTA and there is an upwards only rent review at year 5.

The property measures 3000sqft across the ground floor and is comprised of a showroom, office suite, w/c facilities and a large workshop area at the rear. The showroom which fronts the main road measures c.1,100sqft and has a separate entrance to the garage. There is secure and private off-street parking for up to 4 vehicles to the front of the showroom. The garage which sits to the rear, has a conventional rectangular layout, four servicing bays and is accessed from Upper Elmers End Road via a service Road.

There are four flats on the first and second floor which have been sold off on 125-year, long lease agreements. The
flats are all 1-beds, and the current ground rent paid to the freeholder amounts to £300 per annum.

Brochures

35-37 Upper Elmers End Road, Beckenham, Kent

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Elmers End Station0.3 miles
  • Avenue Road Tram Stop0.6 miles
  • Birkbeck Station0.7 miles

About Acorn Limited, Acorn Commercial

9 St. Marks Road Bromley Kent BR2 9HG

Notes

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Disclaimer - Property reference 34024FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Acorn Limited, Acorn Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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