Newly built retail and commercial unit with wide glazed return frontage and outside space to the front of the unit within a new development of 350 residential flats and a hotel.
Location
The development is centrally located within Romford town centre, offering easy access to amenities including the Liberty Shopping Centre, Brewery Shopping Centre, and Mercury Shopping Centre. Located approximately 0.3 miles (0.5 km) north west of Romford National Rail station, Elizabeth Line (Crossrail). Numerous bus routes connect Romford to Chigwell, Upminster, Dagenham and Barking. The A12 is approximately 0.6 miles (0.9 km) to the north, and the M25 Junction 28 is approximately 4.1 miles (6.6 km) to the west.
Accommodation
257.8 m² (2,775 sq ft)
Terms
Lease Terms: New FRI lease of 10 or 15 years with upward-only rent reviews, or 999-year virtual freehold.
Annual Rent: £69,400 pax - Based on rent guide of £25 psf plus VAT
999yr Price: £735,000 - long leasehold sale guide of £265 psf plus VAT
Legal Costs: Each party to pay their own.
Rates: To be assessed by Havering Council.
Service Charge: To be confirmed by owner.
EPC: Available upon request.
VAT: All rents and prices are quoted exclusive of VAT, which may be payable in addition.
Permitted Use: Class E – Retail, Professional Services, Offices, Health & Medical, Crèche, Nurseries, Day Centres, Gym, indoor sports and recreation.