241 High Street, Bromley, London, BR1

A rare opportunity to acquire a fully let, income producing freehold building on Bromley High Street.

The subject property is arranged over three storeys plus basement and measures approx 2,585sqft. The property comprises a ground floor & basement commercial unit let to a tattoo parlour at a passing rent of £16,800pa. Two of the four parking spaces at the rear are let by the commercial tenant on separate licenses at a passing rent of £100pcm. There is a studio flat at the rear of the ground floor, which is let on an AST at £9,300pa. The upper parts, arranged as a fully licensed HMO, comprising 5 HMO rooms with their own kitchenette & ensuites and produces £45,000pa with potential for further increase in October.

The owners were granted consent in 2020 for 'Two storey rear extension to provide three x 1-bedroom flats, with associated refuse/recycling, bicycle storage and surrounding amenity area'. (19/04406/FULL1). This consent has recently lapsed however, could be re-instated (STPP).