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Freehold Vacant Shop with 5 Room Flat
Address
See address
Auction date
30 Oct 2025
Guide price
£400,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming
Description
This property offers a freehold vacant shop accompanied by a five-room flat that is currently let on an AST. The property has been in the same family ownership for over 28 years and is being sold with a 6-week completion period.
Located within a retail parade at the intersection of Clockhouse Lane and Collier Row Road, this area features multiple well-known retailers including Savers, Costa Coffee, KFC, Greggs, and Domino's, serving the surrounding residential community, approximately 1.5 miles from Romford Town center and 14 miles north-east of Central London.
The property comprises a ground-floor shop with rear access and a separate self-contained flat on the first and second floors. It includes a rear concreted parking area accessed via a service road. Notably, VAT is not applicable for this lot.
Last update: 13 Oct 2025
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This property consists of a freehold unbroken retail parade featuring three shops with upper parts, amounting to approximately 358.80 sq m (3,864 sq ft). It is currently leased, generating an income of £54,500 per annum, which reflects a gross investment yield of 17.03% based on the guide price.
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Offering a total area of approximately 2,975 sq ft, this self-contained office suite is situated on the third floor of a modern office block.
Auction Date
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Guide Price
£375,000
This is a freehold town centre retail investment with a gross yield of 12%. The property features a large ground floor retail unit along with ancillary accommodation on the first and second floors. It is located near Lloyds Bank and several well-known retailers, with a Lidl supermarket and public car park at the back. The property has significant road links, being situated around 6 miles from Sunderland and Durham.
Auction Date
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Guide Price
£375,000
This is a freehold retail investment opportunity located in the town center, currently operating as Admiral Casino with a notable gross yield of 10.6%. The property comprises an attractive Grade II Listed mid-terrace building arranged over several floors with a ground floor shop and ancillary accommodation on the upper levels. It includes a parking area at the rear for 3 to 4 cars.
Auction Date
30 Oct 2025
Guide Price
£400,000
Offered is a freehold commercial/residential investment that has been with the same family for over 28 years, featuring a 6-week completion period.
Auction Date
30 Oct 2025
Guide Price
£450,000