Office for sale in 1-2 North Street, Bromley, London BR1
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Property description
Freehold tenanted offices in the heart of Bromley Town Centre with residential conversion potential. The property has been owned by Pearce Bros. Management Services Limited since 1983. These premises include a two commercial offices, a two-bed flat, and a two storey stables building to the rear with annexes. The property currently receives £76,280 per annum (p.a) across eight different tenants. The rents have already been negotiated to be increased to £82,140 from October 2024.
The buildings measure approximately 6,281 sqft with parking for 10 cars. 1 - 2 North Street was formerly houses which were converted into offices and a large 2 bedroom flat (86 sqm). The stables is a former horsing stables that has since been converted into 3 x offices.
The properties are held in an spv under one title.
The vendors will consider offers in the region of £1,250,000 for the spv or asset.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Whozoo, SE3 on +44 20 8166 7298 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Whozoo, and do not constitute property particulars. Please contact Whozoo for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.