A south east London borough located around 9 miles from central London, Bromley formed part of Kent until 1965. Once a market town located on a coaching route, the opening of a railway station in 1858 was the first step to its commercial development.
Today development in the area is still in full swing. The planned shopping district redevelopment and the regeneration of Bromley North Village are just snap shot of the plans set to get Bromley firmly on the map. Indeed, even the Mayor of London, Boris Johnson, is a fan of the borough and has unveiled an intention to name Bromley as an ‘area of opportunity’ in the London Plan. Transport links are also due to be extended with the Bakerloo line and Dockland Light Railway set to be extended to the borough.
Bromley is extremely popular with its residents and those living there were recently found to be the happiest people in London. This popularity is also true for property investors. Rental properties are in high demand and supply is low compared to the London average making Bromley an ideal place to invest in buy to let.
With regards to commercial property in Bromley, those seeking offices to rent in Bromley and shops to let are in good company. With so much redevelopment, land to buy in Bromley, warehouses to rent in Bromley and retail spaces to let are available but you need to know where to look and the services of a property agent can prove extremely beneficial.