£1,350,000

Industrial for sale

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Offers in region of

£1,350,000

(£102.94/sq. ft)

Industrial for sale

Chesham Close, Romford RM7

13,114 sq. ft

Local area information

Property location

Nearby amenities

  • St Peter's Catholic Primary School 0.3 miles
  • St Edward's Church of England Voluntary Aided Primary School 0.3 miles
  • Romford 0.7 miles
  • Gidea Park 1.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Romford to find out more about the local area.

Features and description

  • Highly reversionary
  • Low cap. Val of c. £103 psf
  • Parking/loading/unloading
Location

The property is located on an established Business Centre located to the north of Romford town centre, a short distance from the A118 Ring Road. The A12 runs to the north of the property and provides access to junction 28 of the M25 motorway to the east, the A406 (North Circular Road) and City of London to the West. Romford railway station is situated within one mile, offering access into Central London via the Elizabeth line and National Rail services.
Accommodation

Two-storey brick built industrial/warehouse on a 0.3 acre plot. In it's current configuration, there is a shared/communal entrance providing access to a trade counter unit (with ancillary offices) at ground floor level and an internal staircase to the first floor which is arranged as predominantly open plan office accommodation with staff facilities. The upper parts can also be accessed by virtue of an external staircase to the rear of the building. There is ample parking against the flank wall and to the rear yard.
Lease terms

The ground floor is rented to Openview Security Solutions plc for a term of 5 years from March 2022 at a rent of £32,898.36.The first floor is to be vacant at the point of sale.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. East London
  5. Dagenham
  6. Romford
  7. Chesham Close