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£1,000,000

Office for sale

Albemarle Road, Beckenham BR3

£1,000,000

Office for sale
Albemarle Road, Beckenham BR3

    About this property

    • Rare opportunity to purchase a commercial property in Beckenham Town Centre.

    • Total net internal area of 4,037 sq.ft (375.13 sq.m).

    • Nearby occupiers include Waitrose, Kinleigh Folkard Hayward and Co-op.

    • Close to Beckenham Junction train station being 0.2 miles away.

    • Long Leasehold available to purchase at £1,000,000 exclusive.

    Description & Accommodation

    The Property is arranged over ground and mezzanine floors and forms part of Albemarle
    House, a mixed-use development of commercial units with residential above. The property is currently arranged as a single unit at ground floor with a multi-let office space at mezzanine level.

    The property benefits from male and female WC’s and a kitchen area.

    The property provides the following net internal areas:

    Ground Floor 152.94 sq. M 1646 sq. Ft
    Mezzanine Floor 222.19 sq. M 2391 sq. Ft

    Total: 375.13 sq. M 4037 sq. Ft

    Location

    Beckenham lies approximately 8.4 miles (13.5 km) southeast of Central London. To the west, it borders Penge and Crystal Palace, while Bromley is around 3 miles (4.8 km) to the east. Sydenham is 2 miles (3.2 km) to the northwest, and Croydon 5 miles (8 km) southwest.

    The town benefits from excellent rail connections, with services from Beckenham Junction to London Victoria taking around 20 minutes. Tram link services from Beckenham Junction also connect to Croydon and Wimbledon.

    The subject premises is located along Albemarle Road to the north of Beckenham town centre being 0.2 miles from Beckenham Junction railway station. Nearby occupiers include Co-op, Kinleigh Folkard & Hayward and Waitrose as well as a variety of local and regional shops, cafes and restaurants.

    Tenure
    The property is currently held on a long leasehold basis for a term of 125 years from and including 24th December 2002. The current rent passing is £6,000 per annum exclusive, which is subject to review on 24th December 2027 and at 25-year intervals thereafter.

    Occupational Leases
    The property is currently subject to a number of occupational Licence agreements, further details are available upon request.

    Terms

    The Long Leasehold is available to purchase at a price of £1,000,000 exclusive. Subject to Contract
    VAT

    The above guide price is exclusive of VAT if applicable.

    Costs
    Each party are to pay their own fees in relation to the transaction.
    EPC

    Awaiting revaluation.

    Business Rates
    The Valuation Office Agency website describes the premises as ‘Office & Premises’ with a 2023 rateable value totalling £63,100. The current ubr is 49.9 pence in the £.

    Viewings
    Strictly by appointment with White and Sons:

    More information

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