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£525,000 OIRO

105-107 Elmers End Road, Beckenham BR3 Ref: 28048

An attractive opportunity for nursery operators, office users, investors and speculators to acquire a prominent freehold building, which includes E class commercial space, a double garage, yard and garden. Additionally a purchaser will receive ground rent of £150pa from the flat in the upper parts sold off on a long lease (92 years unexpired), and advertising hoarding income of £1,200pax. This prominent corner building benefits from a vacant ground floor commercial unit totalling 1,743 sqft. This former nursery is in good order throughout, laid out to include two main rooms and benefits from kitchenette / WC facilities. The commercial unit is accessed from the front, has secure outside space and the nursery was previously registered for 42 children.

The adjoining double garage and yard is situated to the rear of the main building and offers potential for a number of alternative uses (STPP). Purchasers may wish to utilise this space to supplement a business operating from the main building. Alternatively, an investor may consider renting the garages and yard or there may be some limited development potential (stpp).

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