Offers over
£1,000,000
(£210.53/sq. ft)
Property for sale256, 256A & 258 High Street, Bromley, Kent BR1
4,750 sq. ft
About this property
Income producing freehold in Bromley.
4570 sqft across Basement, Ground, First and Second Floors.
Comprises 1 x commercial unit, 1 x restaurant, 1 x bar / nightclub & 1 x 4-bed flat.
Currently part let and producing £44,750pa, erv c.£100,000.
Restaurant and flat at 258 let on a wrapped lease. Nightclub / bar (256a) to be sold with vacant possession.
Oieo £1,000,000 (£218 per sqft).
The site includes a commercial unit at 256 High Street, which is let to a nail bar at a passing rent of £17,250pa and is situated over basement & ground floors with a small garden at the rear. 256a High Street comprises of a ground, first and second floor commercial unit with a parking space which is currently owner operated as a fully licensed bar / nightclub and will be offered vacant possession from 01.04.2026. Additionally, no.258 High Street comprises a basement, ground and first floor restaurant which is let to an operator at £27,500pa and includes a 4-bed flat above on a wrapped lease until 2033. The property has a prominent frontage and is accessible from the rear via the commercial units and Mitre Close car park behind.
There appears to be development potential either through HMO conversion and extension of the uppers, or a comprehensive re-development of the site (stpp). Opposite the property, 241 High Street, Bromley benefits from a lapsed planning permission (Feb 2021) for a new build block comprising 3 flats and was sold in 2024 for development. The commercial buildings are in fair condition throughout, whilst the 4-bedroom flat would benefit from light refurbishment and cosmetic works. The site will be sold part let, part vacant. Unconditional offers only.
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