An opportunity to purchase a vacant freehold mixed-use property in Chatterton Village, in the London Borough of Bromley. The property includes a ground floor commercial unit measuring c.573sqft, a self-contained three-bedroom maisonette across ground and first floors (plus loft conversion) measuring c.875sqft, a large garden to the side of the building and secure parking to the rear.
The property, that would benefit from some modernisation, is currently underlet on a wrapped lease for £2,500pcm however, a Deed of Surrender has already been signed by the tenant and vacant possession will provided on 1st January 2024.
Opportunities for businesses to occupy a prominent commercial pitch along the parade are not readily available, and for investors we anticipate the ERV to be in the region of £35,000pa which represents a 10% gross yield.
