North Street, Romford, Havering

£72,500

Size

3,600

Lease length

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EPC

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Parking

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Price per
£241.67 pa
Primary use
Distribution warehouse
Other use(s)
Factory, Warehouse, Workshop

No floor / site plan

Description

Romford is a rapidly evolving town on the east London/Essex borders approximately 14 miles to the north east of Central London.

The town centre has seen significant change over recent years and now boasts 3 shopping centres: The Liberty Shopping Centre, Brewery Shopping Centre and Mercury Shopping Centre.

Romford National Rail Station is 0.6 miles from the subject property offering the following journey times*:

Stratford – 19 minutes
Liverpool Street – 27 minutes
Tottenham Court Road – 33 minutes
Heathrow Terminal 5 – 68 minutes

Romford station is a stop on the Elizabeth Line connecting Shenfield Essex in the east to Reading and Heathrow Airport in the west via Central London.

Additionally, the subject property is very well served by the following bus routes: 66, 123, 175, 247, 294, 296, 365, 375 and 575.

The subject property is located on the west side of A125 North Street opposite the junction with the Avenue in a unique position between Matalan and Sainsburys Local.

*Information provided by TfL

Available accommodation comprises of a recently constructed light industrial unit of steel portal frame with first floor open plan offices.

The unit offers clear warehouse space with WC facilities and is currently used as a full production, bottling and storage facility for vape and vape related products but is equally suitable for a range of small-scale manufacturing uses within e-liquid, cosmetics, food and beverage, cleaning products, or similar sectors requiring controlled filling and packaging processes.

This is a rare opportunity for small production and bottling companies looking to establish or relocate operations.

A full inventory is available upon request.

Approximate floor areas as follows: Ground floor - 2,400 sq.ft. (222.97 sq.m.), Mezzanine - 1,200 sq.ft. (111.48 sq.m.), Total - 3,600 sq.ft. (334.45 sq.m.).

Floor areas provided by Landlord.

Premises are available on a Leasehold basis. A new lease is available for a term of years to be agreed subject to periodic rent reviews where necessary at a commencing rental of £72,500 per annum exclusive. Premium offers in the region of £300,000 are being sought for the Fixtures & Fittings.

All rents, prices and premiums are exclusive of VAT under The Finance Act 1989. Accordingly, interested parties are advised to consult their professional advisers as to their liabilities, if any, in this direction.

Business Rates payable by the Tenant.

An EPC will be available shortly.

Both parties reasonable legal costs are to be borne by the Tenant.

It is recommended that applicants seek independent professional advice before entering into a contract on this property. It is required to gain proof of identity from companies and/or individuals before accepting an offer for any property.

Reference to all/any services, utilities or fixtures & fittings in these particulars does not imply they are in full and efficient working order.

Prior to solicitors being instructed, the prospective Tenant or Purchaser is to pay an administration fee of £100 plus VAT to Adam Stein & Co. Ltd to cover all associated administrative costs including any referencing fees incurred.

Viewing strictly by arrangement via Freeholders sole agents.

These particulars do not constitute an offer or contract contained herein. No responsibility is accepted by Adam Stein & Co Ltd (and/or their joint agents where applicable) as to the accuracy of these particulars or statements Applicants should satisfy themselves as to the correctness of these details. All rents/prices/premiums quoted are exclusive of VAT (where applicable).
Additional information
Clear height
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Yard depth
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Let type
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Let contract length
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Rent obligation
Fully repairing and insuring
Status
Available
Service charge
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Business rates
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Use class
E, B2, B8
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

North Street, Romford, Havering

NEAREST STATIONS

National Rail

Romford Station

0.56 miles

National Rail

Gidea Park Station

1.3 miles

National Rail

Emerson Park Station

2.11 miles

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Disclaimer - Property reference RM11ED135. 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 Adam Stein & Co. Ltd, Loughton. 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.