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40-42 High St 2,042 SF 100% Leased Retail Building Bromley BR1 1EA $1,598,870 ($782.99/SF)
INVESTMENT HIGHLIGHTS
- Mixed-use freehold for sale
- ERV £95,563pa (second floor currently vacant)
- Prominent location on the high street
- Currently let producing £78,063
- Development potential (STPP)
- Guide price £1,350,000 F/H
EXECUTIVE SUMMARY
The subject property is a part-let, part-vacant mixed-use building, measuring 3088sqft in total. The commercial offering comprises a ground floor unit (let to a nail bar), a ground a first-floor unit (let to an opticians) and a second-floor office (currently vacant). On the third floor, there is a 2-bedroom flat which is let on an AST. The property currently produces a total of £78,063 with an ERV of £95,563pa. There is potential for conversion of the second-floor office into residential accommodation (STPP).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
2,042 SF
Building Class
B
Year Built
1930
Price
$1,598,870
Price Per SF
$782.99
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.94
Lot Size
0.05 AC
Frontage
36’ on High Street
AMENITIES
- Security System
- Storage Space
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- All Smiles Dental Care
- -
- 705 SF
- -
- Dec 2026
- Classique Nails
- -
- 279 SF
- -
- Apr 2026
- Holmes Hosking
- -
- 718 SF
- -
- -
- Rush Networks
- -
- 267 SF
- -
- -
- Wilkinsons the Opticians
- -
- 1,058 SF
- -
- Jun 2020
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| All Smiles Dental Care | - | 705 SF | - | Dec 2026 | ||
| Classique Nails | - | 279 SF | - | Apr 2026 | ||
| Holmes Hosking | - | 718 SF | - | - | ||
| Rush Networks | - | 267 SF | - | - | ||
| Wilkinsons the Opticians | - | 1,058 SF | - | Jun 2020 |
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40-42 High St
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