{"loaderData":{"0-3":{"propertyListing":{"building":{"id":"760004653789472","summary":"Imperial House is a detached office building providing c.25,670sqft GIA of high-quality office accommodation over four floors, and benefits from a car park for approximately 32 vehicles. The office includes a staffed reception, lift and double glazing throughout. Additionally, there is air conditioning, suspended ceilings and perimeter & under floor trunking. There appears to be potential to create further accommodation in the airspace (STPP).\n\nThe property is multi-let and produces a combined rent and service charge currently of c.£506,265pa however that on the basis of only 54% occupancy. With the remaining space let and producing, the income (ERV) would increase to c.£968,434pa.\n\nThe ground floor is currently arranged as small office suites let with 114 work stations on short term licences to a range of individual tenants (business centre) with the rents being paid including service charge. Occupancy changes regularly but at present 48 work stations are occupied and 66 work stations are vacant. The rent being paid per work station averages out to £339pcm/£4,068pa.\n\nThe upper parts are currently arranged as four open plan offices let on leases with rent and then additional service charge paid. The vendors / landlords ran their business (OSTC Ltd) from part of the second floor (2,090sqft) and all of the third floor (5,£24.sqft) so c.7,746sqft in total fitted out to a high standard. The vendors / landlords sold their business towards the end of 2","archived":false,"description":"Imperial House is a detached office building providing c.25,670sqft GIA of high-quality office accommodation over four floors, and benefits from a car park for approximately 32 vehicles. The office includes a staffed reception, lift and double glazing throughout. Additionally, there is air conditioning, suspended ceilings and perimeter & under floor trunking. There appears to be potential to create further accommodation in the airspace (STPP).

The property is multi-let and produces a combined rent and service charge currently of c.£506,265pa however that on the basis of only 54% occupancy. With the remaining space let and producing, the income (ERV) would increase to c.£968,434pa.

The ground floor is currently arranged as small office suites let with 114 work stations on short term licences to a range of individual tenants (business centre) with the rents being paid including service charge. Occupancy changes regularly but at present 48 work stations are occupied and 66 work stations are vacant. The rent being paid per work station averages out to £339pcm/£4,068pa.

The upper parts are currently arranged as four open plan offices let on leases with rent and then additional service charge paid. The vendors / landlords ran their business (OSTC Ltd) from part of the second floor (2,090sqft) and all of the third floor (5,£24.sqft) so c.7,746sqft in total fitted out to a high standard. The vendors / landlords sold their business towards the end of 2024 and the new OSTC business owners do not require the office space.

This gives potential buyers the option of letting this space to a new tenant(s) with the view of getting the occupancy back up to c.100% and income to c.£968,434pa and/or take up occupation for their business (owner occupier).

OSTC Ltd has / had a lease over part of the second floor and all of the third floor until October 2026. OSTC were paying a rent of £60,000pa (£28.70 per sqft) for part of the second floor and £141,399pa (£25 per sqft) for the third floor plus the service charge. It can be arranged that the leases continue and rent paid on part or all until the end of the term in October 2026. This would increase the gross income to £771,728pa.

As you can see there are various flexible arrangements that can be put in place to suit a buyers plans moving forward for the property.","disclaimer":{"raw":"Disclaimer - Property reference 31276FH. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Acorn Commercial, Acorn Commercial. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["High quality office accommodation totalling c.25,670sqft over four storeys
","Only 54% occupied due to owners selling their business.
","Site area 0.33 acres. Lapsed permitted development approval from office to residential in 2015 (property now in article 4 zone).
","Current gross total income including rent & service charge c.£506,265pa at only 54%occupancy.
","ERV c.£968,434pa at 100% occupancy.
","Guide price £5,000,000 + VAT F/H"],"environment":{"epcRating":null,"breeamRating":null,"environmentalDescription":null},"pricing":{"price":5000000,"displayQualifier":"GUIDE_PRICE","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":null,"tenureYearsRemaining":null,"parkingSpaces":null,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":null,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/b180de58f/760004653789472/b180de58fb5f0d94fcace1450aba9f64.pdf","description":"21-25 North Street, Bromley, Kent BR1 1BQ (lr)"}],"photos":[{"uri":"property-photo/04d94b41c/760004653789472/04d94b41ca4fc09854a4d2176ea18464.jpeg","description":"Photo 16"},{"uri":"property-photo/0d73000f3/760004653789472/0d73000f3fbe6e3315f4f06a0c7ce4b9.jpeg","description":"Photo 4"},{"uri":"property-photo/ee2eafbb2/760004653789472/ee2eafbb2dbbe9e9e1d0c2c3590e23cc.jpeg","description":"Photo 5"},{"uri":"property-photo/0598e5938/760004653789472/0598e593879f6b07c7a85f0d7e47d719.jpeg","description":"Photo 6"},{"uri":"property-photo/1c1087fc2/760004653789472/1c1087fc27fb030e7dc96359345dbd64.jpeg","description":"Photo 7"},{"uri":"property-photo/f9f534092/760004653789472/f9f5340921ebe6c3c2cc425fbefb7f4b.jpeg","description":"Photo 8"},{"uri":"property-photo/9d472be95/760004653789472/9d472be95374652900d6d9a94e545816.jpeg","description":"Photo 9"},{"uri":"property-photo/aa9d82546/760004653789472/aa9d82546817a5e16b0048c5571c7a69.jpeg","description":"Photo 10"},{"uri":"property-photo/23d68f388/760004653789472/23d68f38815644cc7d8f14117cb2ca3b.jpeg","description":"Photo 11"},{"uri":"property-photo/260ceb17b/760004653789472/260ceb17b0a34da2d9f7a50d032d4e33.jpeg","description":"Photo 12"},{"uri":"property-photo/263472519/760004653789472/2634725194d00ab7d159ccd5feaa895b.jpeg","description":"Photo 13"},{"uri":"property-photo/58a624e27/760004653789472/58a624e27ff73263f0309d55fbfc6292.jpeg","description":"Photo 14"},{"uri":"property-photo/9a48fa188/760004653789472/9a48fa1880312db5847fd2520394c5b8.jpeg","description":"Photo 15"}],"floorPlans":[{"uri":"property-floorplan/b000d5a97/760004653789472/b000d5a971a68a525e162b44cfc862a3.jpeg","description":"Ground Floor Plan"},{"uri":"property-floorplan/4b8b70a4c/760004653789472/4b8b70a4c947e022ac94044ea4092841.jpeg","description":"Third Floor Plan"},{"uri":"property-floorplan/4a1a81823/760004653789472/4a1a818238745d06dbf12ba58a9f0731.jpeg","description":"Second Floor Plan"},{"uri":"property-floorplan/3fa2301a9/760004653789472/3fa2301a916d9a9f06011a2dae57d3fc.jpeg","description":"First Floor Plan"}],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":25670,"minSize":null,"measurementType":null,"maxSize":null},"location":{"displayAddress":"Imperial House, 21-25 North Street, Bromley, Kent","showMap":true,"postcode":{"incode":"1SD","outcode":"BR1"},"streetView":null,"latitude":51.40797,"longitude":0.015065},"nearestStations":[{"distance":0.13300360150134904,"name":"Bromley North Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":0.49270549557677856,"name":"Sundridge Park Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":0.5563626854701126,"name":"Bromley South Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Acorn Commercial, Acorn Commercial","email":null,"profileUrl":"/estate-agents/agent/Acorn-Commercial/Acorn-Commercial-301109.html","logo":"/partner-logo/44045987-LOGO-1779958291208.jpg","id":301109,"description":"","telephoneNumber":"020 4634 9259","morePropertiesFromAgentUrl":"/commercial-property-for-sale/find/Acorn-Commercial/Acorn-Commercial.html?locationIdentifier=BRANCH%5E301109&propertyStatus=all&includeLetAgreed=true&_includeLetAgreed=on","primaryBrandColour":"#ae2f38"}],"owner":null,"primaryPropertyClassification":{"propertyClassificationSubType":"OFFICE","propertyClassificationType":"OFFICES","offices":{"pricePerDeskPerMonth":null,"numberOfDesks":null,"gradeOfSpaceType":null,"capacity":null},"industrialAndLogistics":null,"leisureAndHospitality":null,"retail":null},"secondaryPropertyClassifications":[{"propertyClassificationType":"OFFICES","propertyClassificationSubType":"OFFICE"}],"letType":null,"letContractLength":null,"status":"AVAILABLE","availableDate":null,"serviceCharge":0,"businessRates":0,"isRentAllInclusive":null,"products":{"commercialSearchProminenceEnabled":true,"featuredProperty":false,"premiumListing":false,"premiumListingLabel":null},"auction":false,"spaces":[]}},"mediaParams":{"mediaType":"photos","mediaIndex":11}}},"actionData":null,"errors":null}