Floorplan
Map
Area statsGuide price
£225,000Property for sale
Mawney Road, Romford RM7
Auction
EPC rating: B
Property
Features and description
* For sale by public auction on 16th April at 12:00 *
Location & Description
Comprising a ground floor shop with parking for 3 cars plus an additional shop and flat above (both sold on long leases). Forming part of a local parade which includes a Tesco Express, just off St Edwards Way and about mile from the town centre and Romford station.
Accommodation
Ground Floor Shop: GIA 627 sq ft (58.2 sq m)
Three forecourt parking spaces
Tenancy Details
1 Fairview Parade: Let on a repairing and insuring lease to an individual (t/a RM Mini Market) for 10 years from 23.10.2025 at £22,000 p.a. Rent Review 2030.
2 Fairview Parade: Sold on a 999 year lease from 2026 at a peppercorn.
2a Fairview Parade (First Floor Flat): Sold on a 189 year lease from 27.04.1982 at a peppercorn.
Note
1. 3 month rent deposit held (£5,500).
2. No VAT
3. 6 week completion
Auction Surveyor: Robert Woolfe
Contact:[use Contact Agent Button] [use Contact Agent Button]
PRODUCING £22,000 P.A.
EPC Rating
B
Viewing Times
Location & Description
Comprising a ground floor shop with parking for 3 cars plus an additional shop and flat above (both sold on long leases). Forming part of a local parade which includes a Tesco Express, just off St Edwards Way and about mile from the town centre and Romford station.
Accommodation
Ground Floor Shop: GIA 627 sq ft (58.2 sq m)
Three forecourt parking spaces
Tenancy Details
1 Fairview Parade: Let on a repairing and insuring lease to an individual (t/a RM Mini Market) for 10 years from 23.10.2025 at £22,000 p.a. Rent Review 2030.
2 Fairview Parade: Sold on a 999 year lease from 2026 at a peppercorn.
2a Fairview Parade (First Floor Flat): Sold on a 189 year lease from 27.04.1982 at a peppercorn.
Note
1. 3 month rent deposit held (£5,500).
2. No VAT
3. 6 week completion
Auction Surveyor: Robert Woolfe
Contact:[use Contact Agent Button] [use Contact Agent Button]
PRODUCING £22,000 P.A.
EPC Rating
B
Viewing Times
Area statistics
Crime score
High crime
10/10
About this agent
Strettons is a leading, independent firm of property advisors with expertise across a wide range of commercial and residential property, giving advice to buyers, owners, occupiers, investors, developers and more. Our core teams cover agency, property auctions, property & asset management and valuation & advisory services. We operate throughout London and the Home Counties with more than 120 staff, while our auction department and property management business covers the whole of the UK. Since 1931, the Strettons brand has been recognised for the quality of service offered by its staff. We have worked hard to retain the original ethos in the way we advise and relate to our clients and can draw upon diverse technical resources to ensure that we deliver the best results. The in-depth knowledge of our core markets gives our clients a true advantage in property.