127/127a Albany Road, Hornchurch, Essex RM12 4AQ
- PROPERTY TYPE
Mixed Use
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Current Income of £30,700 PA
- Well established commercial tenant
- Lock-up Shop - floor area 1315 Sq. Ft
- Popular neighbourhood parade
- Vacant large Garage to rear
- Self-Contained First Floor Flat
- Guide price: £365,000
- For sale by livestream auction
- Unless previously sold or withdrawn prior
- 10:00am, Wednesday 29th July 2026
Description
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 29th JULY 2026
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE
An excellent Freehold mixed use investment in a neighbourhood parade
This Freehold Shop has traded successfully for many years as a hairdressers and beauty treatment business and offers some 1,315 sq. ft of retail space and includes a forecourt to the front. It is let for a Term of 5 years from 8th May 2024 at a Rent of £19,300 PA.
There is a good-sized two bedroom self-contained flat to the first floor currently let at £975 PCM (£11,700 PA).
The total income is £30,900 PLUS there is a large Vacant Garage to the rear which could potentially increase the Total Rental Income by £150 per month, to £32,700 PA.
Albany Road is predominantly residential in nature.
Ground Floor Lock-Up Shop Forecourt
Main Shop Area: Approx. 884 Sq. Ft
Rear Treatment area: Approx. 480 Sq. Ft.
Total Ground Floor area: Approx. 1364 Sq. Ft.
Forecourt: Approx. 400 Sq. Ft.
First Floor Self-Contained Two Bed Flat External staircase from rear
Kitchen: 12'3" x 7'7" (max.)
Inner Hall
Lounge: 17'1" x 13'11"
Bedroom 1: 14'9" 14'
Bedroom 2:: 10'11" x 10'9"
Bathroom/WC: 0' x 6'7" (max)
Large Detached Garage to Rear
Tenancy Details The Shop is let on a commercial lease for a Term of 5 years from 8th May 2024 at a rent of £19,200 PA (the lease is contracted out of the Security of Tenure Provisions of the 1954 Act)
The Flat is let on an Assured Periodic Tenancy at a Rent of £11,700 PA (£975 pcm).
Business Rates - Shop According to the Valuation Office website the shop and premises has a current rateable value of £10,750 with effect from 1 April 2026.
Council Tax Band - Flat B
Tenure: Freehold
EPC Rating: FLAT - D, SHOP - Please refer to Legal Pack
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1500 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
127/127a Albany Road, Hornchurch, Essex RM12 4AQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Elm Park Station0.7 miles
- Hornchurch Station1.1 miles
- Romford Station1.2 miles
About Auction House, East Anglia
The Barn Newmarket Road Cringleford Norwich NR4 6UE
Notes
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*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.”