For Sale By Auction | 09:30, 23 April 2025 | Lot 21

21 Widmore Road, Bromley, Kent, BR1 1RL

*Guide | £490,000+ (plus fees)

  • Mixed Use
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 23/04/2025

Auction Time

09:30

Auction Venue

Live Stream

A Mid Terrace Commercial Building Arranged to Provide a Ground Floor Retail Unit and First and Second Floor Health Store Fully Let Producing £49,000 Per Annum

The property comprises a mid terrace commercial building arranged to provide a ground floor retail unit and first and second floor ancillary space.

Tenure

Freehold

Location

The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include Sainsbury's, Primark and Pizza Express. The open spaces of Church House Gardens are within easy reach. Transport links are provided by Bromley South rail station.

Accommodation

Ground Floor Retail Unit First Floor Retail Area Second Floor Retail Area

Tenancy

The ground floor is subject to a lease for a term of 10 years commencing 1st May 2023 at a rent of £32,000 per annum. There are 3 yearly rent reviews and a break clause in 2028. The first and second floors are subject to a lease for a term of 15 years commencing 18th June 2018 at a rent of £17,000 per annum. There are 3 yearly rent reviews and break clauses.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.