From
£350,000
Property for saleHeath Park Road, Heath Park, Romford RM2
Auction
About this property
Freehold shop and residential investment
Comprising a ground floor retail unit with a self-contained flat above
Currently producing a total income of £31,600.00 per annum
Forming part of an established parade
Conveniently located for the amenities of Gidea Park and Romford
Strapline
Auction Sale - 27/01/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A two storey end of terrace mixed use building forming part of an established parade arranged as a ground floor retail unit and a self-contained flat, well located for the shopping and recreational amenities of Gidea Park and Romford- Investment let at £31,600.00 per annum
Description
A two storey end of terrace mixed use building
Currently arranged as a ground floor retail unit and a self-contained flat
Location
Located near to the junction of Heath Park Road and Brentwood Road
Shopping facilities can be found nearby in Gidea Park and to a further extent in the centre of Romford
Recreational amenities of Haynes Park and Hylands Park are both easily accessible
Transport
Gidea Park- Elizabeth Line
Romford- Elizabeth Line
Overground- Romford
National Rail- Romford
Tenancy
Ground Floor- 15 year Fri Lease from 9th July 2021 at £16,000.00 per annum. Break date 8th July 2026. Rent Reviews every 5 years.
First Floor- 12 Month Assured Shorthold Tenancy from 8th July 2024 at a rent of £1,300.00 per calendar month (holding over)
Accommodation
Ground Floor- Retail Unit 53.49 sq m (approximately 575 sq ft)
First Floor- Reception Room, Bedroom, Kitchen, Bathroom/WC
Auction Sale - 27/01/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A two storey end of terrace mixed use building forming part of an established parade arranged as a ground floor retail unit and a self-contained flat, well located for the shopping and recreational amenities of Gidea Park and Romford- Investment let at £31,600.00 per annum
Description
A two storey end of terrace mixed use building
Currently arranged as a ground floor retail unit and a self-contained flat
Location
Located near to the junction of Heath Park Road and Brentwood Road
Shopping facilities can be found nearby in Gidea Park and to a further extent in the centre of Romford
Recreational amenities of Haynes Park and Hylands Park are both easily accessible
Transport
Gidea Park- Elizabeth Line
Romford- Elizabeth Line
Overground- Romford
National Rail- Romford
Tenancy
Ground Floor- 15 year Fri Lease from 9th July 2021 at £16,000.00 per annum. Break date 8th July 2026. Rent Reviews every 5 years.
First Floor- 12 Month Assured Shorthold Tenancy from 8th July 2024 at a rent of £1,300.00 per calendar month (holding over)
Accommodation
Ground Floor- Retail Unit 53.49 sq m (approximately 575 sq ft)
First Floor- Reception Room, Bedroom, Kitchen, Bathroom/WC
Mortgage calculator
Monthly repayment
£1,750 per month
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