Key Features
Let until 20 February 2025
Current rental income of £155,750 per annum
Excellent tenant covenant strength
Potential for redevelopment for commercial or residential (stp)
Prominent position and close to town centre
The property benefits from an EPC rating of D87.
Contact
Property Description
The property comprises a purpose built motor dealership facility currently used for vehicle storage and previously used by a local college as an automotive training centre.
At the front of the property is a showroom area which has a tiled floor, suspended ceiling with recessed lighting. There are some further offices at ground and first floor which are similarly fitted.
The majority of the rear part of the building is occupied by the workshop with access from 3 loading doors. The workshop has a tiled floor and is lit by florescent strip lighting and translucent ceiling panels. Heating is by strip heaters.
The external areas are laid to hardstanding and the site is secured by metal fencing and a brick wall at the rear. Access is provided by gated entrances at either side of the property.
Location
The property is prominently positioned on London Road, approximately 0.5 mile west of the intersection of the A125 Romford Ring Road and the Town Centre. The A12 lies approximately 1 mile to the north via A1112 Whalebone Lane. Central London lies 15 miles to the southwest via the A12.
VAT
Sale of the property will be subject to VAT.
