Investment

107-109 High Street, Bromley, BR1 1JQ

Prime Greater London Retail Investment

  • Bromley is an affluent Greater London suburb 11 miles south-east of Central London.
  • Highly attractive double fronted building let in its entirety to C&J Clark International Ltd t/a Clarks.
  • Bromley has one of the largest economies in Greater London with an extensive consumer base of 630,000 people.
  • 100% prime location on pedestrianised High Street, between the principal entrances to The Glades Shopping centre
  • Clarks have recently signed a lease renewal at a substantially rebased rent of £125,000 pa (previous rent was £330,000 pa).

 

Offers are sought in excess of £1,475,000 (One Million Four Hundred and Seventy-Five Thousand Pounds) subject to contract and exclusive of VAT, reflecting a net initial yield of 8.00% assuming purchaser’s costs of 6.09%.

For further information please contact agents: