70 Brentwood Rd, Romford RM1 2EP
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Freehold
- Comprising retail and residential accommodation
- Benefits from a substantial rear yard (approximately 4,000 sq ft) with demised alley entrance
- Single-let for a term until 18/04/2033
- Significant reversionary potential (next review 19/04/2027)
- Investment Let at £17,000 per annum
Description
StrapLine
Auction Sale - 31/03/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteFreehold property comprising retail and residential accommodation with a substantial yard located to the rear of the property, accessed via a demised alley.
Single-let for a term of 9 years expiring 18/04/2033, the lease is subject to 3 yearly rent reviews (next review 19/04/2027)
Investment Let at £17,000 per annum
Description
The property comprises a two storey building arranged as a retail unit at ground floor (trading as a tyre shop) and a 2-bed flat at the first floor. To the rear of the property is a substantial yard currently used as car-parking for a neighbouring automotive trader. The rear yard is access via an alley which is included in the demise of the property.
The commercial element is EPC D and the residential element is EPC E. Please refer to legal pack.
Location
The property benefits from being located less than a kilometre from the retail and leisure offerings in Romford town centre.
Transport
The property is located a 10 minute walk from Romford Station (Elizabeth Line, Overground and greateranglia)
Tenancy
The property is single-let to a private individual on a lease for a term until 18/04/2033. The lease is subject to 3 yearly rent reviews with the next review date being 19/04/2027.
We understand the tenant currently sub-lets the retail, residential and rear yard to three separate sub-tenants, we have not had sight of these leases. A potential purchaser will have to rely on their own enquiries.
Accommodation
Ground Floor Retail - 1,075 sq ft / 99.9 sqm
Ground Floor Covered Area - 309 sq ft / 28.8 sqm
First Floor Residential - 484 sq ft / 45.0 sqm
Total - 1,869 sq ft / 173.7 sqm
Property includes a rear yard of approximately 4,000 sq ft (371.7 sqm)
70 Brentwood Rd, Romford RM1 2EP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Romford Station0.4 miles
- Gidea Park Station1.0 miles
- Emerson Park Station1.3 miles
Notes
Disclaimer - Property reference 220-21616. 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 Savills Auctions, London. 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 Savills Auctions, London on 020 3909 6715.
*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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