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622 Upper Brentwood Rd 1,819 sq ft Office Property Romford RM2 6HS £750,000 (£412.31/sq ft) 5.81% Net Initial Yield
Investment Highlights
- Have three allocated parking spaces each
- Unit A is let to a company that services high end cars and unit B is also let to a construction company
- Located close to Gallows Corner, Romford giving easy access to the A127, A12 and M25
Executive Summary
An opportunity to purchase the freehold to two adjoining warehouses currently producing £43,600 pa giving a 5.81% yield at the asking price which increases to £46,000 pa on 1st September 2026 uplifting the yield to 6.13%. Constructed in 2025, both units offer just over 1000 sq ft.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
1,819 sq ft
Costar Property Class
C
Year Built
1971
Price
£750,000
Price per sq ft
£412.31
Yield
5.81%
NOI
£43,575
Tenancy
Single
Number of Floors
1
Typical Floor Size
105 sq ft
Plot ratio
0.30
Total Plot Size
0.14 ac
Parking
5 Spaces (2.75 Spaces per 1,000 sq ft Leased)
Amenities
- Fenced Lot
- Roller Shutters
- Storage Space
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622 Upper Brentwood Rd
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