Petrol Stations for sale in Gidea Park (Romford)

Commercial Property in Gidea Park available for sale

Retail Properties for Sale Near the Gidea Park (Romford)

146-146A Balgores Ln

Romford, RM2 6BP

Retail for Sale
£500,000
523 sq ft

Romford Retail for Sale

The property comprises a mid-terraced mixed-use building forming part of a neighbourhood parade. The self-contained ground floor retail unit is let to a sole proprietor that has been in occupation of the shop since 2009 trading as “Nails in the Park”. The tenant currently occupies by way of a “contracted-out” lease for a term of 10 years from 23rd May 2019. The rent is currently £13,000 pax, subject to an imminent upward only rent review on 2nd September 2026. The self-contained maisonette is accessed from Balgores Lane and provides 3 bedrooms, lounge, kitchen, bathroom and storage room. The maisonette was let on an Assured Shorthold Tenancy (AST) agreement which as a result of the Renters’ Rights Act 2025 coming into force has converted into an Assured Periodic Tenancy (APT) as of 1st May 2026. The current rent is £1,600 per month (£19,200 pa).

Contact:

J&L Commercial

Property Subtype:

Shopfront

Date on Market:

13/08/2026

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Project Quarto -

Mixed Types for Sale
£5,300,000
4 Properties | Mixed Types

for Sale - Hornchurch

Project Quarto represents a rare opportunity to acquire a modern retail and food & beverage investment portfolio anchored by leading UK brands. The portfolio comprises three high-performing convenience stores and one drive-thru coffee unit, all located in high-visibility positions with excellent vehicle and pedestrian traffic across East London and Essex. The assets are fully let on long-term leases to Tesco, Co-op, and Starbucks, securing stable income streams underpinned by undoubted covenants. The portfolio produces a combined income of £348,987 per annum and benefits from a WAULT of approximately 11.10 years to expiry (including up to 20 years on the Starbucks unit), offering investors low-risk, secure income with future rental growth through upward-only rent reviews. Strategically located in well-connected urban and suburban areas, the properties offer convenient access to major road networks including the A12, A127, and M25, alongside proximity to London commuter transport links and fast-growing residential districts. The combination of dominant national tenants, quality lease structures, and prime roadside visibility underpins this portfolio as a compelling income-driven investment with reversionary potential. Guide price: Region of £5,300,000, reflecting a NIY of approximately 6.18% (subject to standard purchaser costs).