14 Royal Parade, Chislehurst, Kent BR7 6NR - Acorn Commercial

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14 Royal Parade, Chislehurst, Kent BR7 6NR Vacant A1/A3 freehold for sale

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14 Royal Parade, Chislehurst, Kent BR7 6NR

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Attractive detached freehold premises Popular affluent London ‘village’ location A1/A3/residential use 2,843 sqft (264.1 sqm) Potential to extend / develop (STPP) Ideal restaurant premises OIEO - £1,100,000

DESCRIPTION

Available for the first time in over 4 decades, this attractive period property has been operated as a ladies clothing boutique since 1975. The freehold premises are currently arranged as a spacious/flexible A1 retail unit with additional residential space and also benefits from an extant change of use for A3 restaurant use. Further development potential may also exist STPP to extend and convert. Opportunities to acquire freehold premises in this location are extremely rare, particularly those with an A3 consent and as such we would expect the property to appeal to investors, developers and operators alike.

ACCOMMODATION

Having been extended to the rear in 2015, the two storey premises measures 2,843 sqft and is currently arranged as ground floor showroom space and changing rooms and WC measuring 1,432 sqft with further first floor showrooms, ancillary stores and kitchen area of 756 sqft. To the rear of the property at the first floor is an open-plan residential unit in ‘shell’ condition measuring approximately 655 sqft with private rear access . The property also benefits from a side entrance, rear yard of circa 60’ x 29’ and a brick built outbuilding/storage unit.

E: [email protected] W: acorncommercial.co.uk 1 Sherman Road, Bromley, Kent BR1 3JH T: 020 8315 5454

120 Bermondsey Street, London SE1 3TX T: 020 7089 6555

14 Royal Parade, Chislehurst, Kent BR7 6NR

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LOCATION Part of the London Borough of Bromley yet classed as Kent, Chislehurst is an attractive, affluent London suburb and recognised as one of the most expensive locations to live in the South East London area. With its commons, green spaces, pond and mix of attractive period properties, Chislehurst has a ‘suburban village’ feel. The town is located circa 10.5 miles South East of Charing Cross and is bordered by the popular residential areas of Petts Wood, Orpington, Sidcup and Bromley. Royal Parade (A208) itself is located in an attractive conservation area to the south of Chislehurst Common. Within the prestigious parade are a range of established ‘boutique style’ shops, cafes, independent and national restaurants.

PLANNING Whilst currently used as A1 (retail) premises we are informed the property has the benefit of an extant A3 / residential consent following the implementation of a planning application granted at appeal under reference 09/01317/FULL1. Further potential may exist (STPP) to convert the upper parts into multiple residential units and/or further extend the ground and upper floors to the rear. We would advise interested parties to make their own enquiries in respect of planning matters with the planning department at the London Borough of Bromley http://www.bromley.gov.uk/planning.

BUSINESS RATES According to the summary valuation effective from 1st April 2017, the rateable value for the property is £20,250. We understand rates payable are therefore approximately £9,700 per annum for the period 2017/2018, however, interested parties are advised to visit the Valuation Office Agency website to calculate occupier specific rates.

E: [email protected] W: acorncommercial.co.uk 1 Sherman Road, Bromley, Kent BR1 3JH T: 020 8315 5454

120 Bermondsey Street, London SE1 3TX T: 020 7089 6555

14 Royal Parade, Chislehurst, Kent BR7 6NR

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TERMS Offers are invited in excess of £1,100,000 for the vacant freehold interest. A deadline for offers may be set and therefore, interested parties are advised to contact our offices for further information.

SERVICES We understand the property is connected to all mains services, however, interested parties are advised to make their own enquiries in this regard.

VAT We understand that VAT is not applicable in this transaction.

Royal Parade, Chislehurst

High Street, Chislehurst

FURTHER INFORMATION Copies of existing floorplans, additional photographs and EPC are available upon request.

VIEWINGS All viewings are strictly by prior appointment with Acorn’s Commercial & Development Division on 020 8315 5454.

High Street, Chislehurst For more information contact: Kyle Peters on 020 8315 5454 Meet the rest of the team...

Royal Parade, Chislehurst This [brochure and its content] is copyright of Acorn Limited © 2016. All rights reserved. Any redistribution or reproduction of part or all of the contents in any form is prohibited. You may not, except with our express written permission, distribute or commercially exploit the content, nor may you transmit it or store it in any form. Acorn as our vendor’s agents have endeavoured to check the accuracy of these sales particulars, but however can offer no guarantee, we therefore must advise that any prospective purchaser employ their own experts to verify the statements contained herein. All measurements are approximate and should not be relied upon. No equipment, utilities, circuits or fittings have been tested.

E: [email protected] W: acorncommercial.co.uk 1 Sherman Road, Bromley, Kent BR1 3JH T: 020 8315 5454

120 Bermondsey Street, London SE1 3TX T: 020 7089 6555