A freehold mixed-use building for sale on Upper Elmers End Road in Beckenham. Offered to the market for the first time in over 25 years, commercial space along this parade is rarely available and as such, will appeal to owner-occupiers and investors. The estimated rental value is c.£46,200pa.
The ground floor comprises a 600sqft vacant commercial unit with planning use class 'E'. In 2023, Acorn Commercial let 325 Upper Elmers End Road at a passing rent of £16,000pa. As such, we anticipate the estimated rental value of this unit to be £18,000pa.
The upper parts have rear access and include two smart one bedroom flats let on ASTs at £890pcm & £1,100pcm respectively. The flats are in good condition throughout, and one is underlet. Several properties along the parade have been extended on the ground floor and there would appear potential to significantly increase the size of the commercial unit (stpp). There are two allocated car parking spaces to the rear which is accessed via a single lane service road at the end of the parade.
