133 High Street, Bromley, London, BR1
£494.48 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,629 sq ft
244 sq m
- SECTOR
High street retail property for sale
Description
* Bromley is the largest town in southeast London and is a popular London commuter town.
* The London Borough of Bromley is one of the largest economies in Greater London with an extensive consumer base of 630,000 people.
* The property is situated on the eastern side of High Street, within the towns 100% retailing pitch.
* The subject property is adjacent to a full range Marks & Spencer, who have been in occupation since 1931.
* Let to Moss Bros Group Limited for a term of five years from 13th April 2024, at a current rental of £110,000 per annum.
* The tenant has been in occupation for over 10 years.
* Freehold.
We are instructed to seek offers in excess of £1,300,000 (One Million Three Hundred Thousand Pounds) subject to contract and exclusive of VAT. Allowing for purchaser's costs of 5.99%, a purchase at this price reflects a net initial yield of 8%.
A purchase of the SPV which the subject property is held in may be considered by the vendor. Further information is available upon request.
Brochures
133 High Street, Bromley, London, BR1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bromley South Station0.3 miles
- Bromley North Station0.3 miles
- Shortlands Station0.6 miles
About FMX Urban Property Advisers, FMX Urban Property Advisers
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