Investment / development opportunity for sale in Beckenham

This property is marketed by:
Michael Rogers

INVESTMENT SUMMARY 

• Retail and residential investment.
• Planning permission has been granted for an extension to the rear
• Ground floor shop let to national charity with 2 no. one-bedroom flats above
• Total passing rent of £35,100 per annum  

LOCATION 

The property is situated in Beckenham within the London Borough of Bromley on Croydon Road and forming part of a parade of shops close to the High Street. Beckenham Junction railway station is about half a mile north of the property offering a fast and frequent service to London Victoria. Clock House railway station offers direct service to London Charing Cross, approximately half a mile to the west.  

DESCRIPTION

 Comprising a ground floor self-contained shop unit with storage to the rear and currently let to the well-known charity, MIND. 

LEASE

The ground floor is let to the national charity, MIND (The National Association for Mental Health – Registered Charity Number 219830) on FRI terms. The lease expires 13th September 2025. 

PLANNING PERMISSION  

Planning permission has been granted on the demolition of the existing outbuildings and construction of a rear infill extension to create additional retail floor space and one additional residential unit Ref.DC/24/01634/FUL.1). The property is to be sold on an unconditional basis.