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Summary
  • Retail units and restaurant with car park extending to approximately 9,176 s.ft. on a 0.8-acre site
  • Fully let to various tenants producing a total income of £141,556 per annum with all leases subject to 18 month break clauses
  • Planning permission refused for two separate residential led schemes of 79 and 81 units
  • Potential for alternative uses, asset management or redevelopment
  • Potential for enlarged scheme by including adjoining ownership
  • Located 0.2 miles from Romford train station (Elizabeth Line / Crossrail) and town centre
  • Offers invited in excess of £4,000,000 for the freehold interest
Summary
  • Retail units and restaurant with car park extending to approximately 9,176 s.ft. on a 0.8-acre site
  • Fully let to various tenants producing a total income of £141,556 per annum with all leases subject to 18 month break clauses
  • Planning permission refused for two separate residential led schemes of 79 and 81 units
  • Potential for alternative uses, asset management or redevelopment
  • Potential for enlarged scheme by including adjoining ownership
  • Located 0.2 miles from Romford train station (Elizabeth Line / Crossrail) and town centre
  • Offers invited in excess of £4,000,000 for the freehold interest