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High Rd
Romford RM6 4AU
Grove Farm Retail Park · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Fully-let to a strong, convenience-lead lineup of Lidl, Home Bargains, Iceland, Halfords and KFC
  • Future-proofed ESG credentials with a weighted-average EPC rating of ‘B-35’ by income
  • Full Open A1 planning consent (now Class E) with A3/A5 consent to Unit 3A
  • Rare reversionary gross income totalling £803,828 pa reflecting a low average rent of £16.82 psf
  • Proven trading performance with Halfords having recently extended their lease for a further 5 years at an increased rent
  • Freehold site of c.3.78 acres

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
47,793 SF
Building Class
B
Year Built
1988
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
3.80 AC
Parking
180 Spaces (3.77 Spaces per 1,000 SF Leased)
Frontage
273’ on High Rd

AMENITIES

  • Security System
  • Automatic Blinds
  • Storage Space
  • Listing ID: 30337477

  • Date on Market: 12/11/2023

  • Last Updated:

  • Address: High Rd, Romford RM6 4AU

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