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45 High Street, Beckenham, LND

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45 High Street

Beckenham, BR3 1AW

Property type:Retail Sub type:Storefront Retail/Residential Status:Existing Year built:1906
Building size:3,335 sq ft
For sale price:£1,900,000 Price:£569.72 sq ft
Yield:6.69 %
Parking:4 Reserved spaces are available; Ratio of 1.19/1,000 SF

The property comprises a two storey red brick building, built circa 1905. Internally, the property has two floors, the ground floor offers retail accommodation. which is split into two units. The first floor is given over to provide residential accommodation in the form of 4 individual flats, externally, there are four car parking spaces to the rear of the building, which are reserved for the use of the residential occupiers. The property was previously used as a police station.

The property is located on the High Street between the junctions of Manor Road and Bromley Road. Beckenham Junction Railway and Tram Station is located 0.23 miles away whilst the Clock House Railway Station is also close by.

Sale Notes:
The available space comprises a substantial detached property and was originally constructed as a police station. It was converted about 5/6 years ago to provide four self-contained flats (3 x one bedroom and 1 x two bedroom) with a large well maintained communal terrace area and four allocated car parking spaces to the rear. The ground floor provides two retail units, one which trades as Coppers, a British Restaurant and the other retail unit trading as The Boutique Spa (hair and beauty salon). This is an imposing brick built building of traditional construction on a larger than average rectangular site of about 0.07 ha (0.17acre).

The property is held freehold in an SPV and is subject to the two commercial lettings and a long leasehold interest in respect of the four flats. The long leasehold interest is held by a connected party in a separate SPV. The lease was granted for a term of 125 (less three days) from 26 August 2015 and is subject to the ASTs. The property consists of both the freehold and long leasehold interests.

Davis Brown
David Green

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