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SOLD STC

Mawney Road, Romford, RM7

£1,500,000

Business rates & charges may apply

Breadings, Kent
SIZE

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SECTOR

Commercial property for sale

Key features

  • Prime commercial site
  • Situated on busy A12 junction
  • Approx. 0.3 acre site
  • Close to major retailers
  • Development opportunity (STPP)
  • Excellent 7%* yield from current tenants

Description

Situated on the A12 in Romford, a superb investment opportunity to either continue trading as is, with an excellent yield or develop commercially/residential (subject to all usual consents being obtained)

The site is positioned on the corner of Mawny Road and the A12 with established vehicle access from both.
The area is mixed residential/commercial with many high street name supermarkets and fast food restaurants close by on established retail parks.
Multiple tenants are currently on-site providing a healthy yield of approx. 7% All tenants are signed on 'Tenancy at will' agreements.
This is a great opportunity to develop a site but continue to receive an income in the meantime, or create an excellent yield.

Viewing is available on site during normal operating hours, however if access is required into the buildings an appointment must be made in advance.

Site size: 1233m2 (13268ft2) 0.3acre All measurements are approximate and scaled using internet based land search. You should ensure any measurements are checked by your own surveyors before proceeding to contracts.

Water, electricity and main drainage are available on site.

Mawney Road, Romford, RM7

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Romford Station0.9 miles
  • Gidea Park Station1.7 miles
  • Chadwell Heath Station1.8 miles

About Breadings, Kent

Vaughan House, 139c Tankerton Road, Whitstable, CT5 2AW

Notes

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Disclaimer - Property reference WHBRE_000463. 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 Breadings, Kent. 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.

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