223-223a Broadway, Bexleyheath, Kent

A rare investment and development opportunity combining secure commercial income, a vacant residential flat, and a flexible, high-value airspace planning consent in a thriving high street location.

The ground floor of the property (planning use class E) is currently rented to Shaw Trust (local authority funded) at £60,000 per annum. There are currently 2 years remaining on the existing lease which is outside of the 1954 Landlord & Tenant Act with no outstanding rent review or break options. Shaw Trust have occupied the premises since 2002 however due to their local authority funding cycle prefer to commit to leases in excess of 2 years. For further information about Shaw Trust visit

The first floor of the property comprises a 2-bed 4-person self-contained flat measuring 753sqft internally and is offered for sale with full vacant possession which will be of benefit to a Purchaser who is looking to implement the airspace planning consent above.

The property benefits from multiple in-date airspace planning consents to extend the property vertically to add further residential units. A summary of these planning consents is listed below. A ground investigation has been conducted by a qualified Surveyor that confirms the existing foundation arrangement can support the additional storeys without underpinning, new/deeper foundations or other works below ground (subject to the final structural design and calculations).