Mixed-use freeholds are very much still in demand, and this was certainly the case for 311 Upper Elmers End Road in Beckenham. Offered with a vacant commercial unit and two flats let on ASTs, we received interest from both owner-occupiers and investors.
After a full marketing campaign resulting in a range of offers, our client decided a cash buyer was the way forward and contracts exchanged 4 weeks after receipt of the legal pack.
The buyer plans to increase the rents for the two flats and find an occupier for the commercial unit.
PROJECT ADDRESS: 311 Upper Elmers End Road, Beckenham, Kent BR3 3QP
Finn Robertson
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