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Property details
Map & nearby

Retail premises for sale in Longview Villas, Collier Row Road, Romford

Investment

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Property description

This is a fantastic investment opportunity freehold building for sale In the vibrant area of Romford .

With no business rate and £18,000 rent per year from the commercial premises from downstairs.The rent will be reviewed next year in August . The rental income form the commercial premise will be at least 25k per year. £17,400 rental income from a 2 bedroom residential property above the shop with a separate entrance.

20 years lease given the the commercial premises tenants in 2020. 16 years lease remaining with current tenant.

A total income £35,400 per year for now until the August 2025.

Price : £750,000

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Discover Residential - Commercial, and do not constitute property particulars. Please contact Discover Residential - Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.