This property presents a rare opportunity for developers and investors to acquire a prominent freehold site in Bromley, available for the first time in over two decades. The site encompasses 4,570 square feet of existing structures, including a commercial unit at 256 High Street currently leased to a nail bar generating £17,250 annually. The unit spans the basement and ground floors, complemented by a small garden area. Adjacent, at 256a High Street, lies another commercial space operated as a licensed bar/nightclub with plans for vacant possession starting April 2026. Additionally, no.258 High Street houses a restaurant on the lower levels with an active lease at £27,500 per year and features a four-bedroom flat above under lease until 2033. This property boasts excellent visibility from the street and rear access via Mitre Close car park.
Notably, there appears to be significant redevelopment potential for this site, whether through HMO conversions and expansion of upper levels or potentially comprehensive redevelopment (subject to planning permission). A neighboring development at 241 High Street has previously benefited from lapsed planning approval for new residential units. While the commercial units are in reasonable condition overall, the four-bedroom flat could use some light refurbishments and cosmetic enhancements to maximize its appeal. This unique offering will be sold part let and part vacant with unconditional offers encouraged.
