Location: Widmore Road, Bromley, Kent, United Kingdom
A Freehold, mixed use development opportunity comprising 2 Ground Floor Retail Units with a 3 Bedroom Apartment above. Planning permission for to convert the existing flat into 2 x 1 bedroom flats.
Description/Location:
2 adjoining 3 storey buildings comprising two retail units, one of which will be vacant and a large 3 bedroom flat on the first floor with a total current income of £24,400 p.a. Planning permission was granted on 08/05/2017, Ref DC/17/01220/AXRPA to convert part of the basement to a 1 bedroom flat. Additional planning permission was granted on 07/02/2018, Ref DC/17/05770/FUL1 for a first floor rear extension with sub-division of the existing flat to create 2 x 1 bedroom flats.
Accommodation:
Shop: 214 Widmore Road Let on a 20 year lease from 13th March 2011. 5 yearly rent reviews.
Shop (ground floor) approx. 536 sq/ft
Storage (basement) approx. 474 sq/ft
Shop: 216 Widmore Road
Shop (ground floor) approx. 827 sq/ft
Storage (basement) approx. 831 sq/ft
Flat: 216 Widmore Road Let on an Assured Shorthold Tenancy. Rent £950 P.C.M.
First floor flat - kitchen, lounge, 3 bedrooms, bathroom
Legal Pack will be available from the 5th December 2018 and you will be able to download it here: https://www.networkauctions.co.uk/london-auction/?lid=80703&ClientID=24&src=36
