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Freehold Ground Rent Investment - Shop & 15 Flats

Freehold Ground Rent Investment - Shop & 15 Flats

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Auction date

23 Oct 2025

Guide price

£37,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Status

Ended

Auction location placehbolder

Description

This modern property comprises a shop and 15 self-contained flats, situated in a detached block with a rear car park. It's located on the north side of the High Road (A118), close to Station Road and within a short distance of Chadwell Heath station. The property has good road access via the A12 and is approximately 2½ miles west of Romford town centre.

  • Shop:999-year lease at a peppercorn rent.
  • 12 Flats:Each with a 125-year lease starting from 2018, with current ground rent of £250 per annum doubling every 25 years.
  • 3 Flats:Each with a 125-year lease starting from 2019, with current ground rent of £250 per annum doubling every 25 years.
  • This investment generates an annual income of £3,750.

Last update: 04 Oct 2025

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