£750,000

Retail premises for sale

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  2. Property photo 2 of 4.
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Just added
Freehold

£750,000

Retail premises for sale

Farnes Drive, Gidea Park RM2

Available immediately

Local area information

Property location

Nearby amenities

  • Ravensbourne School 0.3 miles
  • The Royal Liberty School 0.4 miles
  • Gidea Park 0.7 miles
  • Harold Wood 1 mile

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Archway to find out more about the local area.

Features and description

  • Freehold
  • Freehold for sale
  • Rare opportunity
  • Currently producing £43,600 pa with uplift in September 2026
  • Access road included in title
  • Two adjoining warehouses
  • Close to gallows corner, A12, A127 & M25
Description

An opportunity to purchase the freehold to two adjoining warehouses currently producing £43,600 pa giving a 5.81% yield at the asking price which increases to £46,000 pa on 1st September 2026 uplifting the yield to 6.13%.
Constructed in 2025, both units offer just over 1000 sq ft, have three allocated parking spaces each and are located close to Gallows Corner, Romford giving easy access to the A127, A12 and M25.
Unit A is let to a company that services high end cars and unit B is also let to a construction company who are currently investing in the property by partitioning it into several offices and have already installed a mezzanine floor.
The freehold title includes the access road to the properties and viewings must be made via Delaney's.

Tenure: Freehold

Access

Both units are approached by a shared service road that is included in the freehold title.

Entrance

Unit A
Electric roller shutter, door and double glazed window to:
Warehouse approx. 37ft x 28ft, sink unit, wc and fire escape door to rear.

Warehouse

Unit B
Electric roller shutter, door and double glazed window to:
Warehouse approx. 35ft 4 x 26ft 9. This is currently being partitioned into a kitchen, wc and offices and already has fire escape door to rear and mezzanine for storage.

Parking

Both units benefit from 3 allocated spaces plus a bike and bin area.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Delaney's. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Delaney's for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. East London
  5. Dagenham
  6. Romford
  7. Gidea Park
  8. Farnes Drive