High Rd
Romford RM6 4AU
Grove Farm Retail Park · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fully-let to a strong, convenience-lead lineup of Lidl, Home Bargains, Iceland, Halfords and KFC
- Future-proofed ESG credentials with a weighted-average EPC rating of ‘B-35’ by income
- Full Open A1 planning consent (now Class E) with A3/A5 consent to Unit 3A
- Rare reversionary gross income totalling £803,828 pa reflecting a low average rent of £16.82 psf
- Proven trading performance with Halfords having recently extended their lease for a further 5 years at an increased rent
- Freehold site of c.3.78 acres
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
47,793 SF
Building Class
B
Year Built
1988
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
3.80 AC
Parking
180 Spaces (3.77 Spaces per 1,000 SF Leased)
Frontage
273’ on High Rd
AMENITIES
- Security System
- Automatic Blinds
- Storage Space
