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No longer on the market

This property is no longer on the market

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Property

Auction
Property
Added > 14 days

Key information

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Features and description

  • Guide price - £2,500,000 F/H
  • Attractive Grade II Listed building
  • C.19,612 sqft GIA over 5 floors, c.15,113 sqft GIA vacant leisure space
  • 11 letting rooms in uppers
  • Consent for hotel development
  • To be sold via Allsop auction on Wednesday 17th July
Going to auction on Wednesday 17th July with Allsop. Offers prior will be considered.

The Royal Bell is a substantial attractive Grade II Listed building occupying a prominent position in the heart of Bromley's leisure district. According to Historic England, there has been a hostelry on the subject site since 1666, with the current building replacing the original in 1898.

Arranged over 5 stories and extending to c.19,612 sqft in all, The Royal Bell currently comprises three vacant floors (c.15,113 sqft), with 11 self-contained letting rooms arranged over the top two floors. The basement is largely undeveloped, and the ground floor was most recently used as a bar with multiple food outlets.

There is a large beer garden (c.6,000 sqft) which traded successfully as a 400 capacity outdoor venue, and the first floor offers three function rooms of varying size.

Our clients have undertaken comprehensive external works to repair and restore the fabric of the building, and all internal works have been completed to current regulatory standards. Potential exists to operate a single large leisure venue, or self-contain various parts of the building for specific uses.

The development of the letting rooms was completed in 2021 and generates a gross income of c.£142,800 pa.

Property information from this agent

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About this agent

Acorn Commercial & Development - Bromley
Acorn Commercial & Development - Bromley
9 St Marks Road Bromley, Kent BR2 9HG
020 3641 1340
Full profileProperty listings
As one of London and Kent's most successful property companies with 35 years experience and 40 offices, we strive to deliver a service that is unparalleled by our competitors. Our team appreciate that your home is likely to be your most treasured asset. Therefore whether we are selling, letting or assisting in a purchase, our priority is to ensure each client is treated with care and consideration.
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