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Just added
Auction
Freehold
Guide price
£360,000
Retail premises for sale
2 Broadway Parade, Elm Park Avenue, Elm Park, Hornchurch, Essex RM12Local area information
Property location
Nearby amenities
- Elm Park 0.1 miles
- Benhurst Primary School 0.4 miles
- Elm Park Primary School 0.4 miles
- Hornchurch 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Hornchurch to find out more about the local area.
Features and description
- Freehold
For sale by auction 10/07/2025 £360,000 plus
Freehold investment - shop & split level flat
Location & Description
Comprising a ground floor shop with internal and separate rear access to a split level flat above.
Forming part of an established parade, close to a number of local and multiple retailers including Greggs, Costa, William Hill and a Sainsbury's Local. Elm Park underground station (District line) is nearby.
Elm Park lies about 2 miles from Romford town centre and 15 miles from Central London.
Accommodation
Ground Floor Shop & Rear Store/Office:
681 sq ft (63.2 sq m) plus kitchenette & toilet
2a Broadway Parade (Flat & Second Floor Flat):
First Floor: 2 rooms, kitchen, bathroom/toilet
Second Floor: 1 room
Tenancy Details
There was a lease of the entire property to two individuals (trading as a hairdressers) for 7 years which expired on 28.09.2024 at a rent of £13,350 p.a.
Following the service of a Section 25 Notice on 08.03.2024, no rent has been demanded nor collected since the lease expiry date and there has been no application to Court for a new tenancy.
Please refer to the CPSEs in the legal pack for further details and the Special Conditions regarding payment of the outstanding income since the lease expiry.
Note
1. We understand that the flat is sub-let on a 12 month AST from 09.06.2024 at £1,300 pcm.
Auction Surveyor: Robert Woolfe
Contact:
EPC Rating
Shop & Flat - Both "D"
Freehold investment - shop & split level flat
Location & Description
Comprising a ground floor shop with internal and separate rear access to a split level flat above.
Forming part of an established parade, close to a number of local and multiple retailers including Greggs, Costa, William Hill and a Sainsbury's Local. Elm Park underground station (District line) is nearby.
Elm Park lies about 2 miles from Romford town centre and 15 miles from Central London.
Accommodation
Ground Floor Shop & Rear Store/Office:
681 sq ft (63.2 sq m) plus kitchenette & toilet
2a Broadway Parade (Flat & Second Floor Flat):
First Floor: 2 rooms, kitchen, bathroom/toilet
Second Floor: 1 room
Tenancy Details
There was a lease of the entire property to two individuals (trading as a hairdressers) for 7 years which expired on 28.09.2024 at a rent of £13,350 p.a.
Following the service of a Section 25 Notice on 08.03.2024, no rent has been demanded nor collected since the lease expiry date and there has been no application to Court for a new tenancy.
Please refer to the CPSEs in the legal pack for further details and the Special Conditions regarding payment of the outstanding income since the lease expiry.
Note
1. We understand that the flat is sub-let on a 12 month AST from 09.06.2024 at £1,300 pcm.
Auction Surveyor: Robert Woolfe
Contact:
EPC Rating
Shop & Flat - Both "D"
More information
Listed by
Strettons Auctions - Commercial
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