Summary - Crown & Anchor,19, Park Road,BROMLEY,BR1 3HJ BR1 3HJ
1 bed 1 bath Commercial Property
Income-producing Bromley pub with indexed rent and redevelopment potential.
Freehold Victorian corner pub, prominent Park Road frontage
A rare freehold pub investment on a prominent Victorian corner plot in Bromley, wholly let to Crown and Anchor Bromley Limited until October 2038. The current passing rent is £72,811 pa with five-yearly open market reviews and annual uncapped RPI (excluding review years), offering indexed income and a rent deposit of £17,119.
The building extends to c.3,429 sq ft across basement, ground and first floors with trading areas, trade kitchen, stores, and a self-contained two-bedroom residential flat above. External seating is significant—c.96 covers across front and rear terraces—supporting strong trading potential in a busy town-centre location close to Bromley High Street and local amenities.
Important investor considerations: the lease has only c.13 years remaining, which may limit mortgage finance options and encourage purchasers to budget for lease renegotiation or renewal risk. The property has an EPC rating of E-106 and the tenant currently owns the fixtures and fittings. The sale is expected to be treated as a TOGC if the buyer is VAT-registered.
This is a clear income-producing asset for a buyer comfortable with pub-sector operational risk and lease length. It suits an investor seeking indexed rental growth and a prominent, well-located freehold building, but prudent purchasers should factor in EPC improvement costs, lease security strategies, and potential lender restrictions.
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