SOLD

TypeOffice Investments

RM1 Unit 2B Market Place, Romford Shopping Hall, Romford

TenureFor sale

Unit 2B Market Place, Romford Shopping Hall, Romford, RM11/3

Specification

Building size
Building size1,063sqft
Property type
Property typeOffice Investments
Tenure
TenureFor sale

Description

The property comprises a self-contained unit with access via an electric roller shutter door. Internally, it features an open plan reception area, with interview rooms along the south-eastern flank, with office accommodation and WC facilities located to the rear.

Location

The property is situated at first floor level with Romford Shopping Hall in the Market Place of Romford Town Centre. Located next to the NHS Mawney Medical Clinic. Within Romford Town Centre there is a mix of national and local occupiers providing a range of services. The property is less than 0.5 miles to Romford train station which provides a regular service into London via the TFL Rail (Elizabeth) line.

Service Charge Comments

A service charge is applicable.

Further details .

VAT

All rents, prices and premiums are exclusive of VAT under the Finance Act 1989.

Rating

Further information is available on request.

Legal Costs

Each party to bear their own legal costs incurred in this transaction.

EPC

An EPC has been commissioned at Band B.

Tenure Comments

The property is available on a virtual freehold basis by way of a new 999 year lease. The property is currently let on an IRI lease expiring in November 2027, producing an income of £15,000 per annum exclusive.

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