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Sold
Lot 4 - FREEHOLD COMMERCIAL INVESTMENT - ENTIRE PROPERTY PRODUCING £20,400 P.A.

191 South Street, Romford, Essex, RM1 1QA

Sold for £548,000
Thu May 22 2025
11:00am
IN SAME OWNERSHIP FOR OVER 30 YEARS

Property Description

A semi-detached, two storey property comprising a ground floor shop with internal access to office/ancillary accommodation above. The property benefits from front and rear parking. Located within Romford town centre, close to Romford station (overground, mainline and Elizabeth line) and the main shopping precinct. Romford lies about 15 miles east of Central London.

Ground Floor: 991 sq ft (92 sq m)
First Floor: 336 sq ft (31.2 sq m) plus staff toilets

The entire property is let on a repairing and insuring lease to Halls of Ivy Beauty Academy Ltd (with 2 personal guarantors) for 6 years from 01.05.2020 at £20,400 p.a.

PRODUCING £20,400 p.a.

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1. Tenant Profile: www.hallsofivy.co.uk
Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 robert.woolfe@strettons.co.uk

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #16] Note that in addition to the purchase price there is a buyer’s administration fee [section #11] and there may be additional non-optional fixed or variable fees and costs [section #12]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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