Property for sale

4 Chatterton Road, Bromley, Kent BR2

The subject property comprises a commercial unit and two, 2-bed flats sold off on long leasehold agreements. The property is currently fully let producing £15,400pa. The commercial unit measures 485sqft over ground floor level and is currently let to a Barbers at a passing rent of £15,000pa until 2029. Both flats above are sold off and contribute towards building insurance while paying a ground rent of £200pa The property is let at market rent and occupy a good position on a popular secondary parade in Bromley. The next door property at 6 Chatterton Road which comprised a ground floor commercial unit was recently sold for £185,000.

The property is located on Chatterton Road along a popular secondary retail parade which includes several well-known local businesses, as well as a co-operative supermarket. Chatterton Road is situated just off the A21 which leads directly into Bromley Town Centre which is home to a busy high street and the Glades Shopping Centre. Bickley and Bromley South Railway Stations offer regular services London Victoria and other popular destinations via the Thameslink & Southeastern train lines.

This is an ideal purchase for a local investor and is available immediately, subject to the existing tenancies.