Newly built retail and commercial unit within a new development of 350 residential flats and a hotel forming part of the Angel Gardens development.
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
Total area: 129.1 m² / 1,389.6 sq ft
Terms
Lease Terms: New FRI lease of 10 or 15 years, or 999-year virtual freehold. Upward-only rent reviews.
Annual Rent: £34,740 pax + VAT - based on rent guide of £25 psf
999yr Price: £368,000 + VAT - long leasehold sale guide of £265 psf
Rates: To be assessed by Havering Council.
Service Charge: To be confirmed by the owner.
EPC: Available upon request.
Legal Costs: Each party to pay their own.
Permitted Use: Class E – Retail, Professional Services, Offices, Health & Medical, Crèche, Day Centres, Gym, Wellness.