113-117 South Street, Romford, London, RM1
£227.27 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
5,500-6,000 sq ft
511-557 sq m
- SECTOR
Restaurant for sale
Key features
- FOR SALE BY AUCTION 15TH MAY 2025
- Restaurant/Bar let to JD Wetherspoon PLC on assignment from Whitbread PLC (lease commenced 1995) t/a Ivy Tree
- Lease expiring December 2030 (no breaks)
- Ground floor of approx. 523.30 sq m (5,633 sq ft)
- Recently undergone substantial refurbishment
- Central Romford location in popular leisure pitch
- Leisure occupiers nearby include JD Wetherspoon, Slug & Lettuce, Yates, McDonalds, KFC, Popeyes and Wendy's
- Rental income £120,000 per Annum Exclusive
Description
The property is prominently situated on the east side of South Street, a popular leisure pitch with occupiers including JD Wetherspoon, Slug & Lettuce, Yates, McDonalds, KFC, Popeyes and Wendy's. The property is located some 100 metres from Romford Railway Station a short walk to The Brewery Shopping Centre and The Liberty Shopping Centre.
Tenure
Freehold.
Description
The property comprises a substantial ground floor restaurant/bar which has recently undergone a refurbishment program and currently benefits from late licencing hours throughout the week. In addition there are 11 flats on the upper floors which have been sold off on a long lease.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor's legal pack.
For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.
Brochures
113-117 South Street, Romford, London, RM1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Romford Station0.1 miles
- Gidea Park Station1.1 miles
- Emerson Park Station1.7 miles
Notes
Disclaimer - Property reference A12910Romford. 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 Acuitus Limited, Acuitus. 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 Acuitus Limited, Acuitus on 020 7870 2773.
*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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