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Our Summary
- Significant redevelopment and intensification potential
- The assembled plots present a flexible mixed-use opportunity with significant redevelopment and intensification potential, making them highly suitable for investors, developers, or owner occupiers
- The property falls within Use Class E, offering flexibility for a variety of occupiers and the potential to subdivide into two units if required
- Collectively, the assembled plots benefit from private rear car parking for over 20 vehicles and present a highly attractive opportunity for redevelopment, extension, or intensification, subject to planning consent
- This planned regeneration is expected to significantly enhance the immediate environment, increase residential density, and strengthen long-term demand and values within the surrounding area, providing a highly supportive backdrop for redevelopment of the subject property
- With its prominent town centre location, strong passing trade, and proximity to major regeneration schemes in the surrounding area, the site offers a compelling proposition for those seeking a significant development opportunity in Bexleyheath
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Description
The property consists of two adjacent freehold plots, totaling 0.41 acres, located on The Broadway near its junction with Albion Road. The first plot, 234-236 Broadway, is a multi-level mixed-use building with a public house at ground floor, four office suites on the first floor, and a penthouse apartment with two separate two-bedroom units and roof terraces. The building has a total floor area of approximately 11,200 sq ft.
The second plot, 240-242 Broadway, is a vacant double-fronted retail unit with first-floor office accommodation and a full-width cellar, offering Use Class E and potential for subdivision. Both plots have private rear car parking for over 20 vehicles and a flat roof area suitable for conversion into a roof terrace.