26 The Broadway, Broadway Parade, Elm Park, Hornchurch, Essex, RM12 4RW

Sold prior to auction, for an undisclosed amount

Thu May 22 2025

11:00am

BY ORDER OF A TRUST

Property Description

A ground floor shop & basement with separate front and rear access to a self-contained maisonette on two upper floors. There is also a lower ground floor store (with roller shutter) and rear parking area accessed via a service road. Forming part of an established parade, amongst a number of multiple retailers including Costa, William Hill, Greggs and a Sainsbury's Local. Elm Park underground station (District line) is very close. Elm Park lies about 2 miles from Romford town centre and 15 mi

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Ground Floor Shop: 564 sq ft (52.4 sq m) plus toilet
Basement: 610 sq ft (56.6 sq m)
First & Second Floor Maisonette: 2 bedrooms (one with bath), living room, kitchen/utility area, shower cubicle, toilet
Lower Ground Floor Store: Not inspected
Rear Parking

The entire property is let on a repairing and insuring lease to two individuals (t/a Millenium Nails) for 20 years from 29.09.2011 at £21,500 p.a. Rent Review 2026. Rent deposit held of £5,354.

PRODUCING £21,500 p.a.

Shop = D / Flat = G

1. There is an ATM in the shop which is understood to be sub-let by the tenant.

Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 robert.woolfe@strettons.co.uk

Joint Auctioneer:

Day and Bell Surveyors Alex Mason 020 8016 9959 alex.mason@dayandbell.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 #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.