TypeIndustrial Investments · Light Industrial units · Storage · Warehouse · Distribution units · Trade Counter units

RM7 Adec House, Unit H Chesham Close, Romford

TenureFor sale

Adec House, Unit H Chesham Close, Romford, RM7 1/2

Specification

Building size
Building size 13,114 sqft
Property type
Property type Industrial Investments · Light Industrial units · Storage · Warehouse · Distribution units · Trade Counter units
Tenure
Tenure For sale

Description

*OF INTEREST TO OWNER OCCUPIERS AND INVESTORS - HIGHLY REVERSIONARY LIGHT INDUSTRIAL/WAREHOUSE/STORAGE UNIT WITH PARKING FOR SALE*

Two-storey brick built industrial/warehouse on a 0.3 acre plot. In it's current configuration, there is a shared/communal entrance providing access to a trade counter unit (with ancillary offices) at ground floor level and an internal staircase to the first floor which is arranged as predominantly open plan office accommodation with staff facilities. The upper parts can also be accessed by virtue of an external staircase to the rear of the building. There is ample parking against the flank wall and to the rear yard.

The ground floor is rented to Openview Security Solutions PLC for a term of 5 years from March 2022 at a rent of £32,898.36, which we consider to be significantly under-rented.The first floor is to be vacant at the point of sale.

Location

The property is located on an established Business Centre located to the north of Romford town centre, a short distance from the A118 Ring Road. The A12 runs to the north of the property and provides access to junction 28 of the M25 motorway to the east, the A406 (North Circular Road) and City of London to the West. Romford railway station is situated within one mile, offering access into Central London via the Elizabeth line and National Rail services.

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