Freehold Sale
Comprises an end of terrace mixed use building providing ground floor commercial and self contained two-bedroom maisonette at first and second floor level. The ground floor is occupied as a barbershop and arranged internally to provide front sales area and ancillary storage to the rear. The upper parts are accessed via a separate entrance from the pavement edge and configured to provide two bedrooms, living room, kitchen and bathroom.
Bromley is a popular town located 12 miles south-east of Central London. The premises are situated within Chatterton Village approximately 1 mile from Bromley South Railway Station. Chatterton Village offers a variety of shops, offices, a public house, restaurants and residential dwellings. The property is situated close to the junction with Walpole Road benefiting from good levels of passing traffic.
1410sq.ft (130sq.m)
26 Chatterton Road: The commercial premises are let to ‘Khans Barbers Ltd’ for a term of 15 years on a Full Repairing and Insuring lease commencing 21st February 2024 and expiring 20th February 2039. The passing rent is £15,500 (Fifteen Thousand Five Hundred Pounds) per annum exclusive. The lease incorporates rent review provisions at the 3rd anniversary of the term and every 3 years thereafter. The lease is contracted within the Security of Tenure and Compensation Provisions of the Landlord & Tenant Act 1954 Part II (as amended).
26a Chatterton Road: The residential flat is let on an Assured Shorthold Tenancy (AST) dated 22nd September 2025 for a term of 12 months. The current rent is £1,700 (One Thousand Seven Hundred Pounds) per calendar month.
Total Income: £35,900 per annum exclusive.
Tenure: Freehold.
Price: £480,000 (Four Hundred and Eighty Thousand Pounds) for the benefit of our client’s freehold interest subject to the existing lease and tenancy granted. We are advised the property is not elected for VAT.
