£165,000 pa
(£27.95/sq. ft. pa)
Property to letSouth Street, Romford, Essex RM1
5,903 sq. ft
About this property
Location
Situated in a prime position on the pedestrianised section of South Street, 48–50
South Street occupies a high-footfall retail pitch in the heart of Romford town centre.
The property is strategically located between two of the areas dominant retail
destinations The Liberty Shopping Centre and The Brewery ensuring excellent visibility
and continuous customer flow. The area is home to numerous national and
international occupiers including Marks & Spencer, Primark, H&M, Boots, jd Sports, Costa, Greggs, and WHSmith, underlining its retail prominence.
The location is exceptionally well-connected with Romford Station just a short walk
away, providing Elizabeth Line (Crossrail) services with direct access to Central London
in under 20 minutes, as well as Greater Anglia services and multiple local bus routes.
Description
The property is a three storey mid-terrace commercial building currently occupied by
Footsylum and benefits from spacious retail accommodation within the ground floor
and small storage within the basement level. There is additional storage space at the
first floor.
User
We believe the premises fall under Class E of The Town and Country Planning (Use
Classes) (Amendment) (England) Regulations 2020.
EPC
Energy performance certificate has a rating of C (57). A copy of the EPC will be
available upon request.
Rateable Value
We are advised by the voa website that the property has a Rateable Value of
£112,000; however interested parties should make their own enquiries into the rates
payable.
Accommodation Schedule
The property offers the following (gia) approximate dimensions:
Local Authority
London Borough of Havering.
Rent
£165,000 per annum, exclusive of VAT and other outgoings.
Terms
A new effectively full repairing and insuring lease, for a term to be agreed, subject to
upward only rent reviews.
Service Charge
The building falls within a service charge provision administered by the freeholder and
the premises shall contribute a fair and reasonable proportion.
Legal
Each party to bear its own legal costs.
VAT
The property has been elected for VAT
Aml
In accordance with Anti-Money Laundering Regulations, we shall require additional
information from the purchaser/tenants so that an online verification can be undertaken.
Situated in a prime position on the pedestrianised section of South Street, 48–50
South Street occupies a high-footfall retail pitch in the heart of Romford town centre.
The property is strategically located between two of the areas dominant retail
destinations The Liberty Shopping Centre and The Brewery ensuring excellent visibility
and continuous customer flow. The area is home to numerous national and
international occupiers including Marks & Spencer, Primark, H&M, Boots, jd Sports, Costa, Greggs, and WHSmith, underlining its retail prominence.
The location is exceptionally well-connected with Romford Station just a short walk
away, providing Elizabeth Line (Crossrail) services with direct access to Central London
in under 20 minutes, as well as Greater Anglia services and multiple local bus routes.
Description
The property is a three storey mid-terrace commercial building currently occupied by
Footsylum and benefits from spacious retail accommodation within the ground floor
and small storage within the basement level. There is additional storage space at the
first floor.
User
We believe the premises fall under Class E of The Town and Country Planning (Use
Classes) (Amendment) (England) Regulations 2020.
EPC
Energy performance certificate has a rating of C (57). A copy of the EPC will be
available upon request.
Rateable Value
We are advised by the voa website that the property has a Rateable Value of
£112,000; however interested parties should make their own enquiries into the rates
payable.
Accommodation Schedule
The property offers the following (gia) approximate dimensions:
Local Authority
London Borough of Havering.
Rent
£165,000 per annum, exclusive of VAT and other outgoings.
Terms
A new effectively full repairing and insuring lease, for a term to be agreed, subject to
upward only rent reviews.
Service Charge
The building falls within a service charge provision administered by the freeholder and
the premises shall contribute a fair and reasonable proportion.
Legal
Each party to bear its own legal costs.
VAT
The property has been elected for VAT
Aml
In accordance with Anti-Money Laundering Regulations, we shall require additional
information from the purchaser/tenants so that an online verification can be undertaken.
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