£200,000
Property for saleHigh Road, Chadwell Heath, Romford RM6
Leasehold
About this property
Ground rent (For Leasehold tenure): £40 per year.
This is a rare opportunity to acquire an exceptional retail premises situated in a prime, high-footfall location on a consistently busy and vibrant street. The shop benefits from outstanding visibility and a strong, steady flow of passing trade throughout the day, making it an ideal setting for a wide range of retail or service-based businesses.
One of the most attractive features of this property is the highly advantageous rental structure. The total rent for the premises is £40,000 per annum; however, the property includes a self-contained flat above that generates an impressive £19,000 per year in rental income. This effectively reduces the net rent for the commercial unit to just £21,000, offering excellent value and significantly lowering overhead costs for the business operator.
The shop itself is currently achieving strong weekly sales of approximately £14,000, reflecting both the strength of the location and the consistent customer demand in the area. The surrounding environment is lively and well-established, contributing to reliable footfall and repeat business.
This is an ideal opportunity for an owner-operator or investor seeking a profitable venture with built-in income support. The combination of high turnover, excellent location, and reduced effective rent makes this a highly desirable and sustainable business proposition.
Full accounts and further financial details are available upon request, allowing interested parties to review the performance and potential of this outstanding property in greater depth.
Important Notice
1. No description or information given about the property or its value, whether written or verbal or whether or not in these particulars (“Information”) may be relied upon as a statement of representation or fact. Neither Glenmore nor its Joint Agents have any authority to make any representation and accordingly any Information given is entirely without responsibility on the part of Glenmore or the seller/lessor.
2. Any photographs (and artist’s impressions) show only certain parts of the property at the time they were taken. Any areas, measurements or distances given are approximate only.
3 Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. These matters must be verified by any intending buyer/lessee.
4. Any buyer/lessee must satisfy himself by inspection or otherwise as to the correctness of any Information given.
This is a rare opportunity to acquire an exceptional retail premises situated in a prime, high-footfall location on a consistently busy and vibrant street. The shop benefits from outstanding visibility and a strong, steady flow of passing trade throughout the day, making it an ideal setting for a wide range of retail or service-based businesses.
One of the most attractive features of this property is the highly advantageous rental structure. The total rent for the premises is £40,000 per annum; however, the property includes a self-contained flat above that generates an impressive £19,000 per year in rental income. This effectively reduces the net rent for the commercial unit to just £21,000, offering excellent value and significantly lowering overhead costs for the business operator.
The shop itself is currently achieving strong weekly sales of approximately £14,000, reflecting both the strength of the location and the consistent customer demand in the area. The surrounding environment is lively and well-established, contributing to reliable footfall and repeat business.
This is an ideal opportunity for an owner-operator or investor seeking a profitable venture with built-in income support. The combination of high turnover, excellent location, and reduced effective rent makes this a highly desirable and sustainable business proposition.
Full accounts and further financial details are available upon request, allowing interested parties to review the performance and potential of this outstanding property in greater depth.
Important Notice
1. No description or information given about the property or its value, whether written or verbal or whether or not in these particulars (“Information”) may be relied upon as a statement of representation or fact. Neither Glenmore nor its Joint Agents have any authority to make any representation and accordingly any Information given is entirely without responsibility on the part of Glenmore or the seller/lessor.
2. Any photographs (and artist’s impressions) show only certain parts of the property at the time they were taken. Any areas, measurements or distances given are approximate only.
3 Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. These matters must be verified by any intending buyer/lessee.
4. Any buyer/lessee must satisfy himself by inspection or otherwise as to the correctness of any Information given.
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