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COMMERCIAL

Unit 1 & 1a Tollgate House, 96 Market Place, Romford, Essex, RM1 3ER

Guide Price
£395,000
Strettons, Strettons Auctions
PROPERTY TYPE

Commercial Property

SIZE

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Description

** For sale by public auction on 3rd April at 12:00 **

Location & Description
Comprising two commercial units forming part of Tollgate House which was constructed in 2006 as part of Phase 1 of the Market Place redevelopment.
Romford town centre has excellent communications via the A12 which connects to the M25 (Junction 28). Romford Railway Station is within about mile.

Accommodation
Unit 1: 1,611 sq ft (149.7 sqm)
Unit 2: 775 sq ft (72 sq m)

Tenancy Details
Unit 1:
Let to Romford Tollgate House Ltd (for use as storage) for 18 months from 21.11.2024 at £12,000 p.a. Rolling break clause on a weeks' notice.
Unit 2:
Let to CRC (London) Ltd for 5 years from 20.09.2021 at £15,000 p.a.


Note
1. VAT is payable.
2. The property is currently undergoing building work for the conversion of the upper floors to residential.
3. The provisions of Sections 24-28 of the Landlord & Tenant Act 1954 (security of tenure) are excluded in respect of both tenancies.


PRODUCING £27,000 p.a.

EPC Rating
Unit 1 & Unit 1a = B

Auction Surveyor: Michael Mercer
Contact: michael.

Viewing Times

Brochures

Legal Documents

Unit 1 & 1a Tollgate House, 96 Market Place, Romford, Essex, RM1 3ER

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Romford Station0.4 miles
  • Gidea Park Station1.0 miles
  • Emerson Park Station1.8 miles

About Strettons, Strettons Auctions

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Leading, independent auction house based in London, trusted nationwide. We hold 7 combined residential and commercial property auctions each year, selling nearly £100m in property over the last 18 months with an 85% success rate. While we're best known for our knowledge base and activity in east and north London, our auction work is trusted nationwide.

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Notes

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Disclaimer - Property reference 276933. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Strettons, Strettons Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Strettons, Strettons Auctions on 020 3840 3721.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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