Tudor Parade, High Road, Romford, Essex, RM6
Business rates & charges may apply
- SIZE
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- SECTOR
Commercial property for sale
Key features
- UNDERTHEHAMMER.COM
Description
VIEWING DAYS & TIME:
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A ground floor commercial investment premises which is located on a busy road with ample passing trade and a wide variety of blue chip companies close by including Tesco, Poundland, Post Office and much more.
The commercial premises is currently rented for £1350PCM (£16,200PA) which is currently let with a 15 year FRI lease, with 12 years remaining, and a rent review in 2025.
We have been advised that the shop is leasehold.
Service Charge: £1087.79 (approx)
Ground Rent: £100PA (approx)
Lease Length: 995 years (approx)
Please note that the completion date for this property will not be effected by the Christmas period.
**FREE VALUATIONS**
For a free valuation on your property, worth £30, contact Royal Estates directly OR scan the QR code pictured above.
BIDDING
For bidding please visit the bidding platform: underthehammer. com
*START PRICES & RESERVE PRICES
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.
EPC
EPCs can be viewed in full on the website underthehammer. com on the sales details page or in the legal pack.
UNCONDITIONAL AUCTION DETAILS
Contracts are exchanged immediate at the end of the auction and a 5% deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE.
Completion will be 8 weeks. 56 days)
Every buyer must first create an account at underthehammer. com platform, Remote bidding facilities are also available, contact Royal Estates for further details.
FULL TERMS & LEGAL DOCUMENTATION
Available on the platform underthehammer. com
Tudor Parade, High Road, Romford, Essex, RM6
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chadwell Heath Station0.3 miles
- Goodmayes Station1.0 miles
- Seven Kings Station1.6 miles
About Royal Estates Commercial, Nationwide
Head Office, 464 Bearwood Road, Bearwood, Birmingham, B66 4HA
At Royal Estates, our experienced team of commercial property agents focus on industrial, warehouse, office and retail properties. We let, sell and manage commercial properties across the whole of the UK, focusing in and around Birmingham, the Black Country, West Midlands, Worcestershire and Shropshire.
Our team have an understanding of the property market, allowing us to give pragmatic, targeted advice on the disposal and acquisition of both freehold and leasehold properties. Throughou
Notes
Disclaimer - Property reference 2676. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Royal Estates Commercial, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Royal Estates Commercial, Nationwide on 0121 387 6840.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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