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Detached office building for sale

Bromley, United KingdomUnlock address

79%

£7.500.000

Office

#14845

Value-Add

3 Feb 2024

Property Details

Broker

Under offer

57,572 sq.ft.

5,349 m²

Gross area

130 £/sq.ft.

1,402 £/m²

0

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

A rare opportunity to purchase a vacant office building providing 57,572 sqft GIA (46,516 sqft NIA) of accommodation over five floors. Located 0.5 miles from Bromley South Station in the centre of Bromley, the property occupies a site of 1.32 acres and benefits from c.93 parking spaces. The building is split into two wings. At ground floor there is a reception area connecting both wings, whilst the remainder of the floors are separated with the exception of the fourth floor. The property which we understand was built in the late 1970’s or early 1980’s, is in good condition externally. The internal condition of each floor ranges from fair to good. Some parts are in good condition with reasonably new air conditioning and comfort cooling, whilst other parts have dated air conditioning and would benefit from refurbishment/modernisation.