133 High Street, Bromley, London, BR1

Property Details: • Type: 26,929 sq ft • Tenure: N/A • Floor Area: N/A

Key Features:

Location: • Nearest Station: Bromley South Station • Distance to Station: 0.3 miles

Agent Information: • Address: 4th Floor, 41-43 Maddox Street, London, W1S 2PD

Full Description: Investment Summary * Bromley is the largest town in southeast London and is a popular London commuter town. * The London Borough of Bromley is one of the largest economies in Greater London with an extensive consumer base of 630,000 people. * The property is situated on the eastern side of High Street, within the towns 100% retailing pitch. * The subject property is adjacent to a full range Marks & Spencer, who have been in occupation since 1931. * Let to Moss Bros Group Limited for a term of five years from 13th April 2024, at a current rental of £110,000 per annum. * The tenant has been in occupation for over 10 years. * Freehold. We are instructed to seek offers in excess of £1,300,000 (One Million Three Hundred Thousand Pounds) subject to contract and exclusive of VAT. Allowing for purchaser's costs of 5.99%, a purchase at this price reflects a net initial yield of 8%.

A purchase of the SPV which the subject property is held in may be considered by the vendor. Further information is available upon request.