April 2023: Tuesday 18 April 2023 - 9:00am
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    Key features

    • Part Investment let at £361,654 p.a.
    • By the order of Diocese of Rochester
    • Been in the same ownership since 1976
    • Instant asset management potential in letting out the vacant units or improving the rent (subject to negotiation)
    • Further development potential to convert/modernise a number of properties into residential use (subject to the existing lease and requisite consents)
    • Located directly opposite Beckenham Junction Station and Beckenham Green
    • 12 week completion
    • VAT free investment

    Description

    The property is a traditional corner retail parade comprising of mid terrace units part situated over ground, first, second and third floors. A parade of Mews buildings is located at the rear of the property and is situated over ground and first floor.

    The property comprises of 10 retail units (2 double fronted units), 16 flats, offices, a parade of mews buildings (being used as residential space, office space, workshops and garages), 3 x independent garages and associated car parking which is located at the rear of the property.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please refer to Accommodation and Tenancy schedule in the legal pack. A key has been created to help direct interested parties to the location of each unit and the relevant tenancies that apply to each building.


    Please note that a number of the measurements have been taken from the VOA and EPC's. Savills have not inspected the premise and the measurements and allocation of each measurement can not be relied upon. Any incoming purchaser must do there own due diligence.


    Tenancy

    Please refer to Accommodation and Tenancy schedule in the legal pack. A key has been created to help direct interested parties to the location of each unit and the relevant tenancies that apply to each building.


    Rent

    £361,654 p.a.

    Notes

    Please note the site areas provided are approximate. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.

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      Arrange a viewing

      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is located on the junction of High Street and Rectory Road.

      Local shops and amenities are located directly on the High Street.

      Beckenham Junction station is located an approx. 30 metres from the property

      Transport

      Beckenham Junction Station - National Rail services

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums