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For Sale by Auction on 20th November 2025, Long Leasehold Retail Investment, 160, 162, 164, 166, 170 & 198 Romford Road Parade, Aveley, RM15 4PJ

4,586 Sq Ft / Retail / Investment

For Sale - £395,000.00

Available - Last updated: 20 October 2025

For Sale by Auction on 20th November 2025

The ground floor only of a larger three storey building arranged one large retail and one smaller lock-up retail unit with the larger unit having been created from merging five smaller units. Both units provide a mix of retail accommodation and rear ancillary/storage accommodation and each unit benefits from delivery access from the rear service area.

The upper floors provide residential accommodation, which does not form part of the sale. There is a free customer off street parking to the front of the building. 

Location

Aveley lies within the Thurrock unitary authority approximately 18 miles east of central London. It lies to the north of the A13, which provides access to central London to the west and the M25 at junction 30 (Mar Dyke Interchange). Ockendon, Chafford Hundred and Purfleet railway stations are all close by providing local rail links as well as services to central London. Additonally numerous bus routes serve the area.

Romford Road runs north from the Sandy Lane/Lance Corporal Nicky Mason roundabout to the north of the centre of Aveley. The propert=y lies on the east side of the road near the junction with Usk Road and opposite Kennington Park in a predominantly residential location. 

Accommodation

160-168 Romford Road - Supermarket - Retail/Ancillary - 336 sq m (3,617 sq ft)

170 Romford Road - Hot Food Takeaway - Retail/Ancillary - 90 sq m (969 sq ft)

Terms

Tenure - Leasehold for a term of 200 years at a ground rent of £100 per annum with CPIH increases every 10 years (refer to legal pack)

Guide Price - £395,000

Specification

  • Long leasehold multi-let retail investment
  • Includes two retail units
  • One unit t/s Budgens and let until 2043 
  • Established retail parade
  • Producing £50,500 per annum
  • Offered on the instructions of Thurrock Council 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Leasehold £395,000.00 NA

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