£700,000
(£416.91/sq. ft)
Retail premises for saleRomford Road, London E12
1,679 sq. ft
About this property
Attention developers & investors
Freehold for sale
Mixed use property
Planning granted to create 2 flats
Retail let at £14,000 pax
Location:
831 Romford Road is situated in the heart of Manor Park, a vibrant and diverse neighbourhood in East London. Positioned along the bustling Romford Road (A118), a key arterial route connecting Ilford and Stratford, the property benefits from high footfall and excellent visibility. The area is characterised by a mix of residential and commercial properties, with numerous independent retailers, eateries, and essential services contributing to its dynamic atmosphere.
Transportation links are a notable advantage of this location. Manor Park railway station, served by the Elizabeth Line, is within walking distance, offering swift connections to central London and beyond. Additionally, several bus routes operate along Romford Road, enhancing accessibility for commuters and visitors alike.
The property's proximity to local amenities, including shops, restaurants, and community facilities, makes it an attractive proposition for both commercial and residential purposes. The area's ongoing development and regeneration efforts further underscore its potential as a strategic investment opportunity.
In summary, 831 Romford Road offers a prime location in a well-connected and thriving part of East London, making it an ideal choice for businesses seeking prominence and accessibility in a lively urban setting.
Description:
Comprising a retail unit trading as a nail salon, rear stores with a kitchen and a large 3-bedroom flat on the 1st floor with access from the side road.
Tenure: Freehold subject to existing shop tenancy
Tenancy information:
Shop 60m² (700 ft²) – Let to a Sabs Hair & Beauty from Feb 2020, expiring in Nov 2026 at a passing rent of £14,000 pax, subject to 3 yearly rent reviews.
Vacant Upper Floor & Planning
The 1st floor consists of a large 3-bed flat currently vacant.
Planning was granted from Newham planning under app: 21/00064/ful and is still live, to reconfigure the rear ground floor and 1st floor to a 3-bed maisonette and build a loft conversion with a mansard roof and rear dormer to create a 1-bedroom flat
Unit 1 – 3 Bed Maisonette – 91m² (979 ft²)
Unit 2 – 1 Bed Flat – 55 m² (592 ft²)
Plans and other documents are available upon request
Price
Offers sought in the region of £700,000, subject to contract, for the freehold interest.
831 Romford Road is situated in the heart of Manor Park, a vibrant and diverse neighbourhood in East London. Positioned along the bustling Romford Road (A118), a key arterial route connecting Ilford and Stratford, the property benefits from high footfall and excellent visibility. The area is characterised by a mix of residential and commercial properties, with numerous independent retailers, eateries, and essential services contributing to its dynamic atmosphere.
Transportation links are a notable advantage of this location. Manor Park railway station, served by the Elizabeth Line, is within walking distance, offering swift connections to central London and beyond. Additionally, several bus routes operate along Romford Road, enhancing accessibility for commuters and visitors alike.
The property's proximity to local amenities, including shops, restaurants, and community facilities, makes it an attractive proposition for both commercial and residential purposes. The area's ongoing development and regeneration efforts further underscore its potential as a strategic investment opportunity.
In summary, 831 Romford Road offers a prime location in a well-connected and thriving part of East London, making it an ideal choice for businesses seeking prominence and accessibility in a lively urban setting.
Description:
Comprising a retail unit trading as a nail salon, rear stores with a kitchen and a large 3-bedroom flat on the 1st floor with access from the side road.
Tenure: Freehold subject to existing shop tenancy
Tenancy information:
Shop 60m² (700 ft²) – Let to a Sabs Hair & Beauty from Feb 2020, expiring in Nov 2026 at a passing rent of £14,000 pax, subject to 3 yearly rent reviews.
Vacant Upper Floor & Planning
The 1st floor consists of a large 3-bed flat currently vacant.
Planning was granted from Newham planning under app: 21/00064/ful and is still live, to reconfigure the rear ground floor and 1st floor to a 3-bed maisonette and build a loft conversion with a mansard roof and rear dormer to create a 1-bedroom flat
Unit 1 – 3 Bed Maisonette – 91m² (979 ft²)
Unit 2 – 1 Bed Flat – 55 m² (592 ft²)
Plans and other documents are available upon request
Price
Offers sought in the region of £700,000, subject to contract, for the freehold interest.
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