No longer on the market
This property is no longer on the market
Floorplan
Map
Area statsServiced office
Serviced office
6358
Features and description
- Property Type - Commercial Investment
- Total Current Income - £104,325.57
- Size - 6,358 sqft / 590.6 sqm
- Local Amenities - Bromley High Street (2.3 miles) Locksbottom High Street (3.3 miles) Chislehurst High Street (3.9 miles)
REDUCED PRICE
Opportunity to purchase a fully let serviced office investment in the heart of Bromley at a net initial yield 13.1%.
The property is located within a former agricultural building, converted into a serviced office centre with a mezzanine floor.
The site measures 0.37 acres which includes the office building and the car park.
The existing building measures 6,358 sqft over ground and mezzanine floors and benefits from ample parking behind a private gate.
The property comprises 12 office suites along with a kitchen, toilets, storage room and a communal meeting room. There is a storage room at first floor level measuring approximately 500 sqft that could potentially be converted into another office.
The property is fully tenanted generating a gross income of £125,376 and the tenants also pay a service charge of £7,848 per annum. The landlords are responsible for utilities which is approximately £28,898.43 per annum and therefore the net income after bills (rates, gas, water, electricity, insurance) is £104,325.57 per annum.
The property has a hands off management structure with a virtual reception service at an additional cost to the tenants.
Unconditional offers with the tenants in situ will be considered and a full legal pack is available.
Opportunity to purchase a fully let serviced office investment in the heart of Bromley at a net initial yield 13.1%.
The property is located within a former agricultural building, converted into a serviced office centre with a mezzanine floor.
The site measures 0.37 acres which includes the office building and the car park.
The existing building measures 6,358 sqft over ground and mezzanine floors and benefits from ample parking behind a private gate.
The property comprises 12 office suites along with a kitchen, toilets, storage room and a communal meeting room. There is a storage room at first floor level measuring approximately 500 sqft that could potentially be converted into another office.
The property is fully tenanted generating a gross income of £125,376 and the tenants also pay a service charge of £7,848 per annum. The landlords are responsible for utilities which is approximately £28,898.43 per annum and therefore the net income after bills (rates, gas, water, electricity, insurance) is £104,325.57 per annum.
The property has a hands off management structure with a virtual reception service at an additional cost to the tenants.
Unconditional offers with the tenants in situ will be considered and a full legal pack is available.
Property information from this agent
Area statistics
Crime score
Low crime
1/10
About this agent
Whozoo is a leading commercial and development agency, offering expert property services across the UK. With a deep understanding of the market, we help clients navigate every stage of the commercial property process, from acquisition and disposal to development and investment. Our nationwide reach ensures that businesses, developers, and investors receive tailored solutions that align with their goals and maximize their property's potential. At Whozoo, we are dedicated to delivering the highest quality service, combining industry expertise with innovative strategies to drive exceptional results. We leverage cutting-edge marketing techniques, data-driven insights, and a proactive approach to ensure every property achieves maximum exposure and value. Our commitment to professionalism, transparency, and client success sets us apart in the industry. Whether you are looking to buy, sell, or develop commercial property, Whozoo provides a seamless, results-driven experience designed to help you unlock new opportunities and achieve your objectives.