Office for sale in Romford Road, London E12

Offers in region of £1,100,000 (£771.39/sq. ft)
Interested in this property? Call +44 20 8166 4071 * or Request Details

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Office for sale 1,426 sq. ft*
Tenure: Not available Council tax band: Not available

Property features

  • Investment

Property description

617 & 619 Romford Road, London E12 5AD

Fantastic opportunity to acquire a Freehold Investment opportunity consisting of 2 x commercial Properties and 2 x 2 bedroom flats with an additional rear yard currently used as a workshop.

Location:

The property is situated in a busy location on Romford Road within a very busy parade, opposite Woodgrange park station and also benefiting from being a short walk to Manor Park Station (therefore benefits from a very busy footfall).

Description:

Arranged as mid-terraced mixed-use property trading as a an Accountants office and an Estate Agent on the ground floor with 2 x self-contained 2 bed flats accessed from the rear of the property.

617 Romford Road, E12

Ground floor area: 32.76 m² 352 sq. Ft

Lower ground floor: 16.71 m² 180 sq. Ft

Basement: 25.2 m² 271 sq. Ft

Total: 74.67 m² 803 sq. Ft

Tenancy Details:

Held on an Fri lease for a term of 10 years from April 2018 at a yearly rent of £13,000 pax subject to 5 yearly rent reviews.

619 Romford Road, E12

Ground floor area: 32.19 m² 346 sq. Ft

Lower ground floor: 16.5 m² 177 sq. Ft

Basement: 25.16 m² 270 sq. Ft

Total: 74.29 m² 793 sq. Ft

Workshop at rear: 58.85 m² 633 sq. Ft

Dead of Variation re lock up workshop to rear completed on 21st September 2020 - £6,000.00 pax.

(Rent review in line with 619 Romford Road, E12 below)

Tenancy Details:

Held on an Fri lease for a term of 15 years from July 2018 at a yearly rent of £13,000 pax subject to 4 yearly rent reviews.

Residential:

617A First floor flat let on an Assured Shorthold Tenancy - Rent is £1,150.00 per calendar month paid in advance
619A First floor flat let on an Assured Shorthold Tenancy - Rent is £1,300.00 per calendar month paid in advance

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
City Property Services, E12 on +44 20 8166 4071 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by City Property Services, and do not constitute property particulars. Please contact City Property Services for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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