15-17 High St
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15-17 High St
18,558 SF Retail Building Romford RM1 1JU $1,523,423 ($82/SF)
Investment Highlights
- Near Major Regeneration Area
- Potential For Residential Development
- Fronts Busy High Street Location
Executive Summary
- Fronts busy High Street location near Market Square. Near Major regeneration area.
- Total gross internal area approximately 1,727 sq m (18,558 sq ft)
- A draft scheme has been prepared illustrating how it may be possible to develop 35 flats on this property (subject to obtaining the necessary consents)
- Near Major regeneration area
Sizable town centre property set out over four storeys above part basement with scope for car parking or external trading area to the rear.
FOR SALE BY ONLINE AUCTION 26TH SEPTEMBER 2024 – All bidders must register beforehand. Lot 36.
The building has not been occupied for many years and requires fitting-out throughout.
A set of floor plans are attached. The property has not been measured by AG&G, interested parties are required to rely upon their own inspection and due diligence.
Licensing
The Premises Licence permits the sale of alcohol from 11:00am until 11:00pm on Sunday to Thursday and from 11:00am until 1:00am on Friday and Saturday.
Planning
From enquiry of the London Borough of Havering, the property was formerly known as ‘The White Hart’, it is locally listed as a ‘building of local heritage interest’ and the front of the building lies within the ‘Romford Conservation Area’. A feasibility study has been undertaken which shows that it may be possible to develop the site to create 35 flats (subject to obtaining the necessary consents). A draft accommodation schedule and 3D schematic is attached.
Rating Assessment
The property is listed as a public house and premises and has a rateable value of £45,000 with effect from 1st April 2017
- Total gross internal area approximately 1,727 sq m (18,558 sq ft)
- A draft scheme has been prepared illustrating how it may be possible to develop 35 flats on this property (subject to obtaining the necessary consents)
- Near Major regeneration area
Sizable town centre property set out over four storeys above part basement with scope for car parking or external trading area to the rear.
FOR SALE BY ONLINE AUCTION 26TH SEPTEMBER 2024 – All bidders must register beforehand. Lot 36.
The building has not been occupied for many years and requires fitting-out throughout.
A set of floor plans are attached. The property has not been measured by AG&G, interested parties are required to rely upon their own inspection and due diligence.
Licensing
The Premises Licence permits the sale of alcohol from 11:00am until 11:00pm on Sunday to Thursday and from 11:00am until 1:00am on Friday and Saturday.
Planning
From enquiry of the London Borough of Havering, the property was formerly known as ‘The White Hart’, it is locally listed as a ‘building of local heritage interest’ and the front of the building lies within the ‘Romford Conservation Area’. A feasibility study has been undertaken which shows that it may be possible to develop the site to create 35 flats (subject to obtaining the necessary consents). A draft accommodation schedule and 3D schematic is attached.
Rating Assessment
The property is listed as a public house and premises and has a rateable value of £45,000 with effect from 1st April 2017
Property Facts
Sale Type
Owner User
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
18,558 SF
Building Class
B
Year Built
1886
Price
$1,523,423
Price Per SF
$82
Tenancy
Single
Building Height
5 Stories
Frontage
57 FT on High Street
Nearby Major Retailers
1 of 6
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15-17 High St
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