Express Interest in this Property

Sainsbury’s Local & 2 Flats, Bromley, Greater London

Call for price
Sainsbury's, 7 Station Approach, Hayes, Bromley, Greater London, BR2 7EQ

Basic Facts

Status: Type: Tenure: Freehold Gross Rent: £ 83,875
Lease Term: 15 years from Nov '15 VAT applicable: Yes

Property Description

  • Freehold blue-chip convenience store and residential investment in London
  • The property is a three storey mid terrace retail building comprising retail accommodation on the ground floor (3,136 sq .ft.) and ancillary accommodation at the rear of the first floor (2,470 sq. ft.).
  • There is a self-contained two room flat at the front of the first floor and a self-contained two room flat on the second floor.
  • The property benefits from rear access and loading.

Location Description

  • Affluent South London suburb location
  • Hayes is an attractive and popular district within the London Borough of Bromley and is located some 3 miles south of Bromley town centre which is approximately 13 miles south-east of the City of London and some 5 miles east of Croydon.
  • The property is located on the east side of Station Approach some 100 metres north of Hayes Railway Station. Neighbouring occupiers include Boots, Coral, Barclays Bank, McColls and Day Lewis Pharmacy.

Additional Notes

  • The entire property is let to Sainsbury’s Supermarkets Ltd for a term of 15 years from November 2015 FR&I for £83,875 p.a.
  • Reviews are 5 yearly from March 2020. The lease provides for the rent to be increased in line with the Retail Price Index (RPI) subject to a minimum of 1.5 percent and a maximum of 3.5 percent. The RPI increases will be compounded over 5 years.
  • The lease includes a contractual right for the tenant to renew the lease for a further two terms of 15 years from expiry.
  • The tenant has sub-let the flat on two Assured Shorthold Tenancies at a total current rent reserved of £15,600 p.a.x.

View on map / Neighborhood

Still can’t find what you’re looking for?

Current Opportunities

In Auction
£ 375,000

Vacant Shop & Flat, Feltham, Greater London

98 Harlington Road West, Feltham, Middlesex, TW14 0JJ
Current Opportunity
Call for price

McColl’s & Well Pharmacy, Manchester

183/185 Victoria Avenue, Higher Blackley, Lancashire, M9 0RB
Call for price

Nail Salon, Stanmore, Greater London

7 Buckingham Parade, The Broadway, Stanmore, HA7 4EB
In Auction
£ 2,350,000

Development Site with Planning, Leicester

510 Melton Road, Leicester, Leicestershire, LE4 7SP
Current Opportunity
£ 1,000,000

Vacant Restaurant & 3 Flats with Development Potential, Newington

53-57 High Street, Newington, Kent, ME9 7JJ
£ 50,000

Vacant (To Let) Retail Unit, Doncaster

Formerly The Factory Shop, Scrooby Road, Harworth, Doncaster, Nottinghamshire, DN11 8JW
Current Opportunity
£ 240,000

Day Lewis Pharmacy & Flat, Harwich

151 High Street, Dovercourt, Harwich, Essex, CO12 3AX
Current Opportunity
£ 200,000

M & Co, Bridlington

12/13 Prince Street, Bridlington, North Humberside, YO15 2NW
Current Opportunity
£ 360,000

Coral, West Ealing, Greater London

217 Uxbridge Road, West Ealing, London, W13 9AA
Current Opportunity
£ 450,000

Specsavers, March

3-5 Broad Street, March, Cambridgeshire, PE15 8TP
Current Opportunity
Call for price

Vacant Former Betting Office, Buxton

First Floor, 97 – 103 Spring Gardens, Buxton, SK17 6BP
Current Opportunity
£ 525,000

Domino’s, Palmers Green

324 Green Lanes, Palmers Green, London N13 5TW

My Dentist, Wandsworth, Greater London

203 Wandsworth High Street,London, SW18 4JE
Current Opportunity
£ 850,000

Optician & Furniture Shop, Whitton, Greater London

50/52, 54/56 & 58 High Street, Whitton, Middlesex, TW2 7LT
High Yield
£ 875,000

Mixed Parade (Card Factory, Greggs, Age UK & Restaurant), Boscombe

617 to 623 Christchurch Lane, Boscombe, Bournemouth, Dorset BH1 4AP
Call for price

Mixed Parade (5 Shops & 5 Flats), Watford, Greater London

178/178A, 180/180A, 182/182A, 184/184A, 186/186A St. Albans Road, Watford, Hertfordshire WD24 4AS
High Yield
£ 1,050,000

Sainsbury’s Local, Stourbridge

Sainsbury’s Local, 23 Lawnswood Road, Wordsley, Stourbridge, West Midlands, DY8 5PH
Call for price

Vacant Pub (To Let), Whitton, Greater London

The Duke of York, 672 Hanworth Road, Whitton, Hounslow, TW4 5NP
£ 170,000

Greggs, Leeds

45 Commercial Street, Rothwell, Leeds LS26 0AP
Call for price

Stationary Shop, Gloucester

Unit 10 Kingsway Local Centre, Quedgeley, Gloucester, GL2 2GT