621/621A Romford Road, Manor Park, Newham, London
Size
2,758
Tenure
Freehold
EPC
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Parking
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- Primary use
- Mixed use
- Other use(s)
- High street retail
No floor / site plan
Building amenities
Additional costs may apply for some services – please check the full property description for more details.
- Well connected
Key features
- £254 PSF at asking
- 7.26% gross yield at asking
Description
The property is situated within a local parade of shops fronting Romford Road (A118). Woodgrange Park Station and Manor Park Station are both walking distance from the premises, servicing frequent journeys directly to Ilford, Stratford and Liverpool Street.
Accommodation
Comprising commercial premises over ground, lower ground and basement floor levels (and with front forecourt) with residential upper parts arranged as a split-level 3 bedroom masionette benefiting from an independent entrance from the front elevation of the building. There is also a single-storey rear extension used as a workshop and which is demised within the commercial lease - it is accessible from either the lower ground floor of the commercial unit or from Clarence Road to the rear.
Lease Terms
621 Romford Road - 20 years from July 2020 at a rental of £28,000 p.ax with rolling Tenant break giving 6 months' notice.
621a - Let on an APT (former AST) at £1,900.00 PCM ie. £22,800 p.ax
The total combined income is therefore £50,800 p.a.
- Service charge
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- Business rates
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- Use class
- E, C3
- Listed building
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- Floors in building
- 3
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
621/621A Romford Road, Manor Park, Newham, London
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Disclaimer - Property reference 621621aRR. 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 Taylor Freeman Kataria, Ilford. 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.