COMMERCIAL
High street retail property for sale
240-242 Broadway, Bexleyheath, Kent, DA6 8AS
Guide Price
£1,250,000
- PROPERTY TYPE
Retail Property (high street)
- SIZE
10,267 sq ft
954 sq m
Key features
- SUBSTANTIAL FREEHOLD PLOT
- FLEXIBLE REDEVELOPMENT POTENTIAL
- PROMINENT DUAL FRONTAGE ON THE BROADWAY
- STRATEGIC LOCATION OPPOSITE MAJOR REGENERATION SITE
Description
An attractive freehold commercial building extending to approximately 10,267 sq ft, set on a site of just over 0.14 acres, prominently positioned fronting The Broadway close to its junction with Albion Road.
The property comprises a vacant double-fronted retail unit at ground floor level, together with office accommodation on the first floor and a substantial full-width cellar measuring approximately 98 ft 4 in x 32 ft 10 in (30.00 m x 10.01 m). Currently configured as a single retail unit, the entire building falls within Use Class E and offers flexibility for a wide range of commercial occupiers, including the potential to subdivide into two separate units, subject to requirements.
To the rear, the property benefits from a private car park providing space for up to six vehicles, which also presents additional development or intensification potential, subject to planning. The building further benefits from an approximately 1,830 sq ft flat roof area, which offers the potential to be converted into a large roof terrace, subject to the necessary consents, providing an attractive amenity to suit an occupier’s operational or staff requirements. In addition, there is a large commercial loading and unloading bay directly outside the property, providing convenient access for deliveries and collections.
Overall, the building offers a compelling investment and redevelopment opportunity.
There may also be potential, subject to the necessary consents, to assemble the site with adjoining buildings, up to and including 240-242, to create a larger and more comprehensive redevelopment opportunity.
The subject property sits directly opposite the former EDF site at the corner of Albion Road, which is currently vacant and identified by the local authority for major regeneration. Under the Bexleyheath Development and Improvement Framework, the “EDF and Albion Road Corner” site is earmarked for a large-scale mixed-use development comprising in excess of 250 residential units, alongside complementary commercial and public realm uses.
This planned regeneration is expected to significantly enhance the immediate environment, increase residential density, and strengthen long-term demand and values within the surrounding area, providing a highly supportive backdrop for redevelopment of the property on offer.
The building occupies a prominent position on The Broadway, Bexleyheath’s principal thoroughfare, benefiting from strong passing traffic, excellent visibility, and a busy shopping environment with a good mix of national and independent retailers.
Bexleyheath enjoys excellent road connectivity with easy access to the A2, providing links to Central London, the M25, Dartford Crossing, and the M2.
Bexleyheath mainline railway station is located approximately 0.5 miles from the property and provides regular services to London Victoria, Charing Cross, and Cannon Street, with journey times of approximately 35–45 minutes.
Agents Note
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AML Disclaimer
Please note it is a legal requirement that we require verified ID from purchasers before instructing a sale. Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.
Energy Performance Certificates
EPC 1EPC 2240-242 Broadway, Bexleyheath, Kent, DA6 8AS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bexleyheath Station0.4 miles
- Barnehurst Station1.1 miles
- Bexley Station1.3 miles
Notes
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Disclaimer - Property reference KLL_LND_LFSYCL_1157_1283486232. 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 Kallars, Sidcup. 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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