* Investment
617 & 619 Romford Road, London E12 5AD
Fantastic opportunity to acquire a Freehold Investment opportunity consisting
of 2 x commercial Properties and 2 x 2 bedroom flats with an additional rear
yard currently used as a workshop.
Location:
The property is situated in a busy location on Romford Road within a very busy
parade, opposite Woodgrange park station and also benefiting from being a
short walk to Manor Park Station (therefore benefits from a very busy
footfall).
Description:
Arranged as mid - terraced mixed - use property trading as a an Accountants office
and an Estate Agent on the ground floor with 2 x self - contained 2 bed flats
accessed from the rear of the property.
617 Romford Road, E12
Ground floor area: 32. 76 m² 352 sq. Ft
Lower ground floor: 16. 71 m² 180 sq. Ft
Basement: 25. 2 m² 271 sq. Ft
Total: 74. 67 m² 803 sq. Ft
Tenancy Details:
Held on an Fri lease for a term of 10 years from April 2018 at a yearly rent
of £13, 000 pax subject to 5 yearly rent reviews.
619 Romford Road, E12
Ground floor area: 32. 19 m² 346 sq. Ft
Lower ground floor: 16. 5 m² 177 sq. Ft
Basement: 25. 16 m² 270 sq. Ft
Total: 74. 29 m² 793 sq. Ft
Workshop at rear: 58. 85 m² 633 sq. Ft
Dead of Variation re lock up workshop to rear completed on 21st September 2020
- £6, 000. 00 pax.
(Rent review in line with 619 Romford Road, E12 below)
Tenancy Details:
Held on an Fri lease for a term of 15 years from July 2018 at a yearly rent of
£13, 000 pax subject to 4 yearly rent reviews.
Residential:
617A First floor flat let on an Assured Shorthold Tenancy - Rent is £1, 150. 00
per calendar month paid in advance
619A First floor flat let on an Assured Shorthold Tenancy - Rent is £1, 300. 00
per calendar month paid in advance

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: