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Sold
Lot 37 - LONG LEASEHOLD COMMERCIAL INVESTMENT COMPRISING A SHOP PRODUCING £18,000 P.A.

2 Fairview Parade, Mawney Road, Romford, Essex, RM7 7AD

Sold for £182,000
Thu Feb 19 2026
12:00pm

    Property Description

    Comprising a ground floor shop with forecourt parking for 2 cars and forming part of this local parade, which includes a Tesco Express. Located just off St Edwards Way which forms part of the ring road around Romford town centre and about ½ mile from Romford station. Romford has good road access via the A12.

    Long Leasehold - 999 years from completion

    (from floor plans)

    Ground Floor Shop: GIA 391 sq ft (36.3 sq m)
    Two forecourt parking spaces & enclosed rear yard

    Let on a repairing and insuring lease to an individual (t/a AK Barber) for 10 years from 30.10.25 at £18,000 p.a. Rent review & tenant's break 2030.

    PRODUCING £18,000 P.A.

    B

    1. 3 month rent deposit held (£4,500).
    2. No VAT
    3. 6 week completion
    Auction Surveyor: Robert Woolfe
    Contact: 020 8509 4408 robert.woolfe@strettons.co.uk

    * The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #16] Note that in addition to the purchase price there is a buyer’s administration fee [section #11] and there may be additional non-optional fixed or variable fees and costs [section #12]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.