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36 London Rd
Romford RM7 9RB

Retail Property For Sale

Retail Space Romford 36 London Rd, Romford, ESS RM7 9RB

Investment Highlights

  • Close to local amenities
  • Prime retail location
  • Located within walking distance to The Brewery.

Executive Summary

The property comprises a two storey mixed-use building, with ground floor retail and first floor 2- bedroom self-contained flat. The ground floor comprises a shop which is currently occupied as a Pizza Hut take-away and is fitted out to provide a small counter area with cooking stations and cold stores located towards the rear, with a staff WC. The shop also benefits from a small rear outdoor storage area.
The property is available for sale on a Freehold basis with the benefit of being fully let. The ground floor retail unit is currently let on an effective FRI lease with a break in April 2026, expiring in April 2031 with 5 yearly rent reviews, producing a current income of £26,000 per
annum exclusive. The first floor flat is currently let on an AST producing an income of £12,000 per annum exclusive.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
802 SF
Year Built
1906
Price
$709,831
Price Per SF
$885
Tenancy
Single
Building Height
2 Stories
Building FAR
0.55
Lot Size
0.03 AC
Frontage
30 FT on London Road

Amenities

  • Security System
  • Signage
  • Signalized Intersection
  • Smoke Detector
 

  • Listing ID: 31973994

  • Date on Market: 5/31/2024

  • Last Updated:

  • Address: 36 London Rd, Romford RM7 9RB

The Retail Property at 36 London Rd, Romford, RM7 9RB is currently available for sale. Contact Kemsley LLP for more information.

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