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621-621A Romford Rd
London E12 5AD
Retail Property For Sale
Investment Highlights
- Freehold mixed-use building
- Excellent East London connectivity
- Prominent Romford Road frontage
Executive Summary
Freehold mixed-use investment for sale subject to the existing occupational leases. The asset is fully income producing, generating a total rental income of £50,800 per annum. Offers are sought in the region of £700,000, reflecting a gross yield of 7.26% and a capital value of approximately £254 per sq ft.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,014 sq ft
Costar Property Class
B
Year Built
1920
Price
£700,000
Price per sq ft
£347.57
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.58
Total Plot Size
0.08 ac
Frontage
23 ft on Romford Rd.
Amenities
- Signage
1 of 8
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