bromley - Linays Commercial
BROMLEY 16 BROMLEY HILL BR1 4JX FREEHOLD FOR SALE OR TO LET – RESTAURANT AND RESIDENTAIL INVESMTMENT VACANT GROUND FLOOR & THREE SELF CONTAINED FLATS
Location Bromley is a major district centre situated some ten miles to the South East of central London, with two mainline railway stations offering frequent services to central London. The property is situated in the suburb of Downham, approx 1.5 miles to the north of Bromley town centre in a main road position fronting the A21. Surrounding occupiers include Pizza Hut, Coral, Pizza GoGo, a pharmacy plus a range of retail units. The parade is adjacent to a McDonalds drive through.
Description A mid-terrace self-contained building arranged on ground, first, second and third floors. The ground floor comprises a vacant A3 restaurant unit currently arranged to provide front customer seating area, fitted bar, ladies and gents WC and rear kitchen facilities. Access to the rear yard is via a shared vehicle roadway from Ashgrove Road. The upper parts comprises 3 selfcontained residential properties, 1 x one bed and 2 x two bed.
Accommodation / Tenancies (with approximate dimensions and floor areas)
16 Bromley Hill (Ground Floor) Internal Width: 20’6” 6.2m Sales Depth: 29’8” 9.1m Sales Area: 581sq.ft 53sq.m Kitchen 227sq.ft 21sq.m Ladies & Gents WC Store 72sq.ft 6sq.m Ground Floor Area: 1,171sq.ft 108 sq.m Upper Parts 16a - 1 bedroom, let upon an Assured Shorthold Tenancy at a current rent of £675pcm. 16b – 2 bedroom, let upon an Assured Shorthold Tenancy at a current of £950pcm. 16c – 2 bedroom, let upon an Assured Shorthold Tenancy at a current rent of £900pcm.
THE PROPERTY MISDESCRIPTIONS ACT 1991 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order of fit for the purpose. Prospective Purchasers/Lessees are advised to obtain verification from their Solicitor or Surveyor. References to the tenure of this property are based on information supplied by our Clients. The Agent has not had sight of the Title Documents and prospective Purchasers/Lessees are advised to obtain verification from their Solicitor. These Particulars do not form, nor form any part of, an offer or contract. Neither Linays Commercial nor any of their employees has any authority to make or give further representations or warranties to the property
Ref: MC/4566
Terms
Energy Performance Certificates
The ground floor premises are available to let on the basis of a new effectively full repairing and insuring lease for a term of years to be agreed at a commencing rent of £24,000 (TwentyFour Thousand Pounds) per annum exclusive payable quarterly in advance. Alternatively, our client will consider the sale of the freehold interest, at £750,000 (Seven Hundred and Fifty Thousand Pounds), subject to the AST’s granted. Current Rental Income: £30,300 per annum.
Rating Assessment We understand from the Valuation Office Agency (VOA) website that the rates payable on the premises are £5,916.00 (2016/17 assessment). Interested parties are strongly advised to check the actual rates liability with the local authority directly.
Viewings Available by prior appointment via Linays Commercial Limited.
VAT We have been advised by our clients that VAT will NOT be payable upon the rental or sale price under current legislation.
Planning
Contact: Adrian Tutchings Mandeep Cheema
Email: [email protected] [email protected]
The property has most recently been used under Class A3 (Restaurant) of the Town & Country Planning Use Classes Order 1987. Interested parties are advised to make their own enquiries to The London Borough of Lewisham. THE PROPERTY MISDESCRIPTIONS ACT 1991 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order of fit for the purpose. Prospective Purchasers/Lessees are advised to obtain verification from their Solicitor or Surveyor. References to the tenure of this property are based on information supplied by our Clients. The Agent has not had sight of the Title Documents and prospective Purchasers/Lessees are advised to obtain verification from their Solicitor. These Particulars do not form, nor form any part of, an offer or contract. Neither Linays Commercial nor any of their employees has any authority to make or give further representations or warranties to the property
Location Bromley is a major district centre situated some ten miles to the South East of central London, with two mainline railway stations offering frequent services to central London. The property is situated in the suburb of Downham, approx 1.5 miles to the north of Bromley town centre in a main road position fronting the A21. Surrounding occupiers include Pizza Hut, Coral, Pizza GoGo, a pharmacy plus a range of retail units. The parade is adjacent to a McDonalds drive through.
Description A mid-terrace self-contained building arranged on ground, first, second and third floors. The ground floor comprises a vacant A3 restaurant unit currently arranged to provide front customer seating area, fitted bar, ladies and gents WC and rear kitchen facilities. Access to the rear yard is via a shared vehicle roadway from Ashgrove Road. The upper parts comprises 3 selfcontained residential properties, 1 x one bed and 2 x two bed.
Accommodation / Tenancies (with approximate dimensions and floor areas)
16 Bromley Hill (Ground Floor) Internal Width: 20’6” 6.2m Sales Depth: 29’8” 9.1m Sales Area: 581sq.ft 53sq.m Kitchen 227sq.ft 21sq.m Ladies & Gents WC Store 72sq.ft 6sq.m Ground Floor Area: 1,171sq.ft 108 sq.m Upper Parts 16a - 1 bedroom, let upon an Assured Shorthold Tenancy at a current rent of £675pcm. 16b – 2 bedroom, let upon an Assured Shorthold Tenancy at a current of £950pcm. 16c – 2 bedroom, let upon an Assured Shorthold Tenancy at a current rent of £900pcm.
THE PROPERTY MISDESCRIPTIONS ACT 1991 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order of fit for the purpose. Prospective Purchasers/Lessees are advised to obtain verification from their Solicitor or Surveyor. References to the tenure of this property are based on information supplied by our Clients. The Agent has not had sight of the Title Documents and prospective Purchasers/Lessees are advised to obtain verification from their Solicitor. These Particulars do not form, nor form any part of, an offer or contract. Neither Linays Commercial nor any of their employees has any authority to make or give further representations or warranties to the property
Ref: MC/4566
Terms
Energy Performance Certificates
The ground floor premises are available to let on the basis of a new effectively full repairing and insuring lease for a term of years to be agreed at a commencing rent of £24,000 (TwentyFour Thousand Pounds) per annum exclusive payable quarterly in advance. Alternatively, our client will consider the sale of the freehold interest, at £750,000 (Seven Hundred and Fifty Thousand Pounds), subject to the AST’s granted. Current Rental Income: £30,300 per annum.
Rating Assessment We understand from the Valuation Office Agency (VOA) website that the rates payable on the premises are £5,916.00 (2016/17 assessment). Interested parties are strongly advised to check the actual rates liability with the local authority directly.
Viewings Available by prior appointment via Linays Commercial Limited.
VAT We have been advised by our clients that VAT will NOT be payable upon the rental or sale price under current legislation.
Planning
Contact: Adrian Tutchings Mandeep Cheema
Email: [email protected] [email protected]
The property has most recently been used under Class A3 (Restaurant) of the Town & Country Planning Use Classes Order 1987. Interested parties are advised to make their own enquiries to The London Borough of Lewisham. THE PROPERTY MISDESCRIPTIONS ACT 1991 The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order of fit for the purpose. Prospective Purchasers/Lessees are advised to obtain verification from their Solicitor or Surveyor. References to the tenure of this property are based on information supplied by our Clients. The Agent has not had sight of the Title Documents and prospective Purchasers/Lessees are advised to obtain verification from their Solicitor. These Particulars do not form, nor form any part of, an offer or contract. Neither Linays Commercial nor any of their employees has any authority to make or give further representations or warranties to the property
