Flexible investment or redevelopment opportunity near excellent local schools.
Approx. 3,422 sqft office accommodation over two floors
An unusually large, long-lease office opportunity in the heart of Beckenham, offered either as an income-producing investment or with vacant possession for redevelopment. The property extends to approximately 3,422 sqft across ground and first floors, arranged as five self-contained office suites with a communal boardroom, kitchen and WC facilities on each floor. The building benefits from full air-conditioning, wide glazed frontage and flexible E class use suitable for a range of occupiers.
Currently the head lease is held by Angels Media, producing a gross rent of £75,000 (a passing rent of £67,800 is currently remitted to the leaseholder). The head lessee will vacate and dissolve their lease on completion, so the purchaser can buy with vacant possession or retain the existing occupiers under new licences or leases. This creates clear optionality for an investor seeking immediate income or a buyer planning conversion or repositioning.
There is lapsed consent (2021) for converting the first floor into three flats, which indicates residential conversion potential but would require renewal of planning permission. Important commercial considerations include the remaining long lease (approx. 102 years) and the current subletting structure — legal and lease mechanics should be reviewed prior to exchange. The location offers fast broadband, excellent mobile signal and proximity to high-performing schools and local amenities.
Buyers should note material negatives: the local crime rating is very high, which may affect tenant mix, insurance and lettability; planning for residential conversion is lapsed and not guaranteed; and the existing income structure involves subletting and a head lease that will need formal resolution on completion. Taken together, this is a flexible, large-format asset with redevelopment upside for those prepared to manage the lease and planning work.
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