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305 Romford Rd 891 sq ft Retail Property London E7 9HA £975,000 (£1,094.28/sq ft)
Investment Highlights
- Freehold Mixed Use Investment.
- Conveniently located for the amenities of Forest Gate.
- GIA approx. 3,014 sq ft (264.23 sq m).
- Forming part of an established East London Retail Parade.
- Ground and basement shop with 6 flats above.
- Investment fully let for £102,600 pa (10.86% GIY on Guide Price).
Executive Summary
The property comprises a substantial four storey building arranged as a ground floor and basement shop, together with six flats above ( 3 x Studio, 2 x one bedroom and 1 x four bedroom) over first, second floors. GIA approx. 3,014 sq ft (264.23 sq m). The property is fully let producing £102,600 pa.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
891 sq ft
Costar Property Class
C
Year Built
1910
Price
£975,000
Price per sq ft
£1,094.28
Tenancy
Single
Number of Floors
4
Plot ratio
1.78
Total Plot Size
0.01 ac
Amenities
- Roller Shutters
- Storage Space
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- Asona B A Supermarket
- -
- -
- -
- -
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| Asona B A Supermarket | - | - | - | - |
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Nearby Major Retailers
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305 Romford Rd
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