Occupying a prominent position in the heart of Beckenham High Street, this investment sale comprises a parade of six fully tenanted retail units extending to approximately 3,811 sqft (GIA). The asset produces a total annual rental income of £167,126, reflecting a gross yield of 9.3% at the agreed sale price. This transaction demonstrates the continued appetite for well located, income-producing retail investments in established South East London high streets, particularly where strong tenant covenants and secure income streams are in place.
The sale represents a successful outcome for our client and further evidences sustained investor demand for high-quality, long-income assets in prime trading locations.
PROJECT ADDRESS: 115-133 High Street, Beckenham, Kent BR3 1AG