This property presents an intriguing prospect for both investors and developers in Bromley, now available on the market for the first time in 22 years. Comprising 4,570 square feet of built space, this freehold site features a diverse mix of commercial units with significant redevelopment potential (subject to planning permission). The flagship commercial unit at 256 High Street is currently leased to a nail bar generating an annual income of £17,250, while 256a High Street houses a ground to second-floor bar/nightclub that will be vacant from April 2026. Additionally, no.258 High Street includes a restaurant let at £27,500 per annum and comes with a four-bedroom flat above that is secured until 2033. The property boasts excellent visibility from the high street and rear access via Mitre Close car park. Given its fair structural condition, there is substantial opportunity for either HMO conversions or a more extensive redevelopment initiative (subject to planning). Notably, nearby developments have already received planning considerations which may bolster investment appeal. The commercial areas are generally sound but the upper residential flat would require minor cosmetic upgrades for optimal rental value. This site will be sold partially occupied and partially vacant; unconditional offers are encouraged.
