Summary - Bromley, Kent, BR2 BR2 0DN
1 bed 1 bath Commercial Property
Prominent High Street freehold with immediate income and rent‑uplift potential.
Victorian mixed‑use freehold: shop plus two one‑bed flats
Total current income £39,300 per annum (shop + flats)
Shop let to dry‑cleaner until 2029 (lease details awaited)
Flat A: £1,200pcm until Oct 2025; Flat B: £875pcm periodic tenancy
Flat B under‑market rent with uplift potential to £13–14k pa
Two rear parking spaces for flats; forecourt parking owned by GLA
Medium flood risk and very high local crime — affects insurance/tenancy
Some photos/ floorplans pending; buyer to verify leases and certificates
A rare freehold investment on Shortlands High Street, this Victorian mixed‑use building combines a ground‑floor shop with two one‑bed flats above, currently producing a confirmed income of £39,300 pa. The retail unit is let to a dry‑cleaning business until 2029, while the two flats are let on ASTs — one below market rent and one on a fixed term. The property has two allocated rear parking spaces and forecourt parking (owned by GLA).
The brick‑front period façade and large display windows provide clear retail presence in a prime location. Flats are one‑bed, modest in size and well suited to local lettings; 75a is secured at £1,200 pcm until October 2025, 75b is on a periodic tenancy at £875 pcm (room to increase towards market levels). The retail income is currently £14,400 pa (awaiting detailed lease paperwork).
Key investment considerations: total current income £39,300 pa with short‑term uplift potential on Flat B; obvious hands‑on asset management opportunity to review tenancy rents and lease details. Note the property sits in a higher‑crime area and has a medium flooding risk — these factors may influence insurance and tenant demand. Forecourt parking is not part of the freehold (GLA ownership), limiting vehicle control.
Photos and floorplans for some parts are pending; purchasers should verify tenant leases, service arrangements and any outstanding maintenance or compliance items prior to exchange. This freehold suits an investor seeking immediate income with scope to optimise rents and maintain a prominent High Street presence.
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