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£975,000

Ravenscroft Road, BR3

A rare opportunity for commercial operators, developers and investors alike to acquire a substantial freehold property in Beckenham which benefits from apparent development potential. Until recently, and for over 50 years the property served as the London HQ for a private business, it is now vacant and being offered to the market. The site measures approx. 0.12 acres and comprises a two-storey period office building to the front measuring c.1,500 sqft, and a part 1/part 2 storey warehouse to the rear measuring c.6,000 sqft. The property is likely to appeal to buyers from a range of business sectors, and the chance to purchase freehold commercial property in such a sought-after location is rare. There also appears to be development potential (STPP) given that the neighbouring property (162 Ravenscroft Road) comprised a similar commercial building, and in 2010 planning permission was granted for a mixed-use development scheme comprising 4 residential dwellings and an office building to the rear.

Talk to Louis Markham at Commercial & Development (Bromley)

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