The premises are located in a prominent location within a popular parade in Downham, which is positioned to the north of Bromley. The area is well served for public transport with Grove Park station just 0.5 miles to the north and multiple bus routes nearby. On street, bay parking is available in front of the unit with further unrestricted parking available in the nearby roads.
The property comprises a mid-terrace, retail unit which is currently configured to provide an open plan retail unit with rear access. To the rear is a toilet and partitioned storage room. There is currently a partition wall dividing the unit which we understand could be removed if required. The premises benefit from a small storage yard and external store to the rear as well as an electric roller shutter at the front. The accommodation and net internal floor areas are as follows: -
Retail Area 864 sq.ft (80.27 sq.m) Rear Yard 200 sq.ft (18.59 sq.m) Rear Store 130 sq.ft 12.08 sq.m) TERMS
The premises are immediately available to let on a new full repairing and insuring lease for a term to be agreed at an initial rent of £16,000 per annum exclusive.
Subject to contract
All rents and prices quoted are exclusive of VAT, if applicable.
The Valuation Office Agency Website describes the property as “Shop & Premises” and advises that the 2017 Rateable Value is £12,250. The UBR for 2019/20 is 49.1 pence in the £.
Each party is to be responsible for their own legal fees.