Property Information
Address:
175 London Road, Romford, Essex
, RM7 9DB
, Essex
, United Kingdom
Price: Buy: POA
Size: 10003 sq ft929 sqm
Primary Category: Industrial
All Categories:
Investment, Industrial, Automotive,
Property Ref/Movehut: MH684006
Property Ref/Agent: 8905693
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 14, 2024
Property description
The property comprises a purpose built motor dealership facility currently used for vehicle storage and previously used by a local college as an automotive training centre.
At the front of the property is a showroom area which has a tiled floor, suspended ceiling with recessed lighting. There are some further offices at ground and first floor which are similarly fitted.
The majority of the rear part of the building is occupied by the workshop with access from 3 loading doors. The workshop has a tiled floor and is lit by florescent strip lighting and translucent ceiling panels. Heating is by strip heaters.
The external areas are laid to hardstanding and the site is secured by metal fencing and a brick wall at the rear. Access is provided by gated entrances at either side of the property.
Let until 20 February 2025
Current rental income of £155,750 per annum
Excellent tenant covenant strength
Potential for redevelopment for commercial or residential (stp)
Prominent position and close to town centre
The property benefits from an EPC rating of D87.
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