5 Chatterton Road, Bromley, BR2

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UNDER OFFER

OIEO B1 Shop & 3 bedroom maisonette for sale Prominent corner plot in Chatterton Village

Suitable for owner-occupiers/investors Commercial unit benefits from E use class Currently underlet with full vacant possession on 1st January 2024 OIEO £350,000 F/H

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.

Talk to Louis Markham from Langford Russell (Estate agents in Commercial & Development - Bromley)

Louis Markham - Commercial & Development - Bromley estate agents

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