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Freehold Commercial/Residential Investment
Address
See address
Auction date
30 Oct 2025
Guide price
£450,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming
Description
Offered is a freehold commercial/residential investment that has been with the same family for over 28 years, featuring a 6-week completion period.
Located in a busy retail area at the intersection of Clockhouse Lane and Collier Row Road, near brands like Savers, Costa Coffee, KFC, and Greggs. This shopping center serves the local community, being approximately 1.5 miles from Romford town center.
This property includes a ground floor shop with independent access to a self-contained flat above, which consists of four rooms, a kitchen, and a bathroom/WC.
The entire property is leased on a full repairing and insuring lease to Shahan Ali (trading as Gadget Exchange) for a term of 15 years, starting 24th June 2012, at a rent of £18,000 per annum. Rent reviews were due in June 2017 and 2022, both of which are outstanding.
Last update: 13 Oct 2025
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