This sizable freehold development site, covering approximately 0.41 acres, is strategically located along The Broadway near Albion Road. The combination of these plots provides a unique mixed-use opportunity with considerable potential for redevelopment and intensification, appealing to investors and developers alike.
Including a multi-level structure at 234-236 Broadway, the site features a 5,000 sq ft public house on the ground floor and four office suites on the first floor totaling around 3,600 sq ft. Additionally, there is a generous penthouse arrangement of approximately 3,600 sq ft currently configured as two separate two-bedroom units complete with both front and rear roof terraces. An infill site included in the sale introduces two more retail units alongside an apartment on the first floor, making the site fully assembled and primed for comprehensive redevelopment.
The premises at 240–242 Broadway includes a vacant double-fronted retail unit on the ground floor alongside first-floor office space and an expansive cellar area measuring about 98 ft x 32 ft. This property also falls under Use Class E, providing versatility for various business types while allowing for possible subdivision into smaller units if desired. Furthermore, it features approximately 1,830 sq ft of flat roof area that could be developed into an impressive roof terrace and offers convenient access for deliveries via a commercial loading bay.
With off-road parking available for over 20 vehicles at the rear, this collection of properties presents an attractive prospect for redevelopment or expansion subject to appropriate planning permissions. Notably situated opposite a former EDF site earmarked by local authorities for significant regeneration and mixed-use development comprising over 250 residential units, this location stands to benefit from increased demand and property values due to forthcoming infrastructure enhancements.
Accessibility is excellent with proximity to key road networks including the A2 connecting to Central London and further afield via the M25 and M2. Bexleyheath mainline railway station is also within half a mile offering consistent services into central London with travel times around 35-45 minutes.
This opportunity is bolstered by its prominent town centre position coupled with strong passing trade and alignment with planned regeneration efforts in Bexleyheath.
