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Freehold Investment Producing £22,000 P.A.

Freehold Investment Producing £22,000 P.A.

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Auction date

16 Apr 2026

Guide price

£225,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Status

Upcoming

Auction location placehbolder

Description

This property includes a ground floor shop with parking for 3 cars and an additional shop and flat above (both sold on long leases). It is part of a local parade with amenities close by, including a Tesco Express. The property generates an income of £22,000 annually, and is ideally situated approximately half a mile from the town centre and Romford station.

  • Ground Floor Shop: Total area of 627 sq ft (58.2 sq m)
  • Long-term lease: 1 Fairview Parade is leased at £22,000 p.a. from 2025
  • 2 Fairview Parade sold on a long lease from 2026
  • 2a Fairview Parade (First Floor Flat) is leased for 189 years from 1982

Last update: 27 Mar 2026

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