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34 Hayes St 1,051 SF Retail Building Bromley BR2 7LD $1,886,228 CAD ($1,794.70 CAD/SF)



Investment Highlights
- Two Separate Flats Above
- High Street Location
- Tenants in Situ
Executive Summary
This is a mixed-use freehold investment opportunity comprising a ground floor commercial unit and two self-contained two-bedroom flats on the first and second floors. Located in a prime position in Hayes, Bromley (BR2), the asset benefits from residential tenants in situ, generating a combined rental income of £34,800 per annum.
The ground floor commercial unit is currently in the process of being let, with terms agreed on a new 10-year lease at £25,000 per annum, subject to a tenant break option at year five and a rent review after five years. The incoming occupier intends to operate the premises as a burger restaurant, with occupation anticipated shortly. The opportunity offers a freehold mixed-use investment with secured residential income and the prospect of increased income upon commencement of the commercial tenancy.
The ground floor commercial unit is currently in the process of being let, with terms agreed on a new 10-year lease at £25,000 per annum, subject to a tenant break option at year five and a rent review after five years. The incoming occupier intends to operate the premises as a burger restaurant, with occupation anticipated shortly. The opportunity offers a freehold mixed-use investment with secured residential income and the prospect of increased income upon commencement of the commercial tenancy.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,051 SF
Building Class
B
Year Built
1925
Price
$1,886,228 CAD
Price Per SF
$1,794.70 CAD
Tenancy
Single
Building Height
3 Stories
Frontage
20’ on Hayes Street
Amenities
- Security System
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Dillingers Diner
- Retailer
- 1,051 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Dillingers Diner | Retailer | 1,051 SF | - | - |
1 1
Nearby Major Retailers
1 of 18
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34 Hayes St
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