Two adjoining industrial/storage and distribution units
Of interest to owner occupiers and developers
Site Area approx. 0.08 Ha (0.20 acres)
Located just off A125/A124 and one mile from Romford Station
VAT free opportunity
Lot 6
Auction 12th December 2024
Vacant Possession
Status Available
Guide* £500,000+
Sector Industrial, Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
14 miles east of Central London
Roads
A124, A12, M25
Rail
Romford Railway Station
Air
London City, London Stansted Airport
Situation
The property is situated on the east side of Grenfell Avenue, some 50 metres from the busy Roneo Corner (A125/A124) with occupiers including Tesco Extra, B&Q, Shurgard Self Storage and Burger King. Grenfell Avenue and the immediate vicinity to the property provides primarily residential dwellings.
Tenure
Freehold.
Location
Miles
14 miles east of Central London
Roads
A124, A12, M25
Rail
Romford Railway Station
Air
London City, London Stansted Airport
Situation
The property is situated on the east side of Grenfell Avenue, some 50 metres from the busy Roneo Corner (A125/A124) with occupiers including Tesco Extra, B&Q, Shurgard Self Storage and Burger King. Grenfell Avenue and the immediate vicinity to the property provides primarily residential dwellings.
Tenure
Freehold.
Description
The property comprises a site of approximately 0.08 Ha (0.20 acres) upon which sit two industrial/storage and distribution units.
VAT
VAT is not applicable to this lot.
Planning
The property may lend itself to residential conversion, alternative uses and/or redevelopment. All enquiries should be made with Havering Borough Council (www.havering.gov.uk)(planning@havering.gov.uk) (+441708434343).
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a site of approximately 0.08 Ha (0.20 acres) upon which sit two industrial/storage and distribution units.
VAT
VAT is not applicable to this lot.
Planning
The property may lend itself to residential conversion, alternative uses and/or redevelopment. All enquiries should be made with Havering Borough Council (www.havering.gov.uk)(planning@havering.gov.uk) (+441708434343).
Completion Period
Six week completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas Approx sq m (GIA)
Floor Areas Approx sq ft (GIA)
Possession
Unit 4
Ground
Warehouse
110.00
(1,184)
VACANT POSSESSION
Unit 6
Ground First
Warehouse Ancillary
455.00 46.00
(4,897) (495)
VACANT POSSESSION
Total
611.00
(6,576)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.