2015 Property Details
Property Information
Address: 237-239 High Street, Bromley, Kent , BR1 1NZ , Kent , United Kingdom
Size: 31 to 137 sqm
Primary Category: Investment
All Categories: Investment, Leisure,
Property Ref/Movehut: MH473724
Property Ref/Agent: 237-239 High Street, Bromley, Kent BR1 1NZ
*Please use the agent ref when calling the agent directly.
Property description
SITUATION
Located to the north-west of Bromley town centre, opposite
the Empire Cinema and within an area that hosts a number
of restaurants and pubs. In addition, there is a walk-way
opposite that leads directly to a multi-storey car park and
there is a separate car park to the rear of the property.
The pedestrianised section of the High Street is only approx.
250 yards away.
Bromley is located some 12 miles south-east of central
London at the junction of the A21 and A222.
PROPERTY
Forming part of a terraced building comprising a recently
refurbished Ground Floor Double Restaurant/Bar with
internal access to a Basement Store . There is a rear external
artificial grassed seating area and a rear parking space
accessed via a service road.
VAT is NOT payable in respect of this Lot
TENURE
Leasehold for a term of 999 years from 15th November
2012 at a peppercorn ground rent.
ACCOMMODATION
Ground Floor Double Restaurant/Bar
Internal Width 33'1" (max) narrowing at rear to 11'7"
Restaurant Depth 67'9"
Built Depth 98'4"
Restaurant Area Approx 1,485 sq ft
Kitchen Area Approx 335 sq ft
Male & Female WCs
Plus Rear External Seating Area
Basement Store Approx 695 sq ft
TENANCY
The property is let on a full repairing and insuring lease to
Ronnys Limited as a Restaurant/Bar for a term of 10 years
from 8th January 2015 at a rent of £45,000 per annum
exclusive (see Note 1) rising to £50,000 p.a. in 2019.
Rent Review 2020
Note 1: The current rent is £40,000 p.a. rising to £45,000
p.a. in January 2016 and the Vendor will make up the
rent shortfall on completion.
Note 2: There is a £10,000 Rent Deposit held.
Note 3: We understand the lessee of the restaurant has
spent approx. £200,000 on fitting out the premises.
VENDOR’S SOLICITORS
Harrow Law Practice – Tel: 020 8909 0202
Ref: H. Patel, Esq – Email: hp@harrow-law.com
The successful Buyer will be liable to pay the Auctioneers an administration