2 Broadway Parade, Elm Park Avenue, Elm Park, Hornchurch, Essex, RM12 4RS

Guide Price £360,000 plus *

Thu Jul 10 2025

11:00am

To be auctioned in :

15
Days
17
Hours
54
Mins
41
Secs

Property Description

Comprising a ground floor shop with internal and separate rear access to a split level flat above. Forming part of an established parade, close to a number of local and multiple retailers including Greggs, Costa, William Hill and a Sainsbury's Local. Elm Park underground station (District line) is nearby. Elm Park lies about 2 miles from Romford town centre and 15 miles from Central London.

Ground Floor Shop & Rear Store/Office:
681 sq ft (63.2 sq m) plus kitchenette & toilet
2a Broadway Parade (Flat & Second Floor Flat):
First Floor: 2 rooms, kitchen, bathroom/toilet
Second Floor: 1 room

There was a lease of the entire property to two individuals (trading as a hairdressers) for 7 years which expired on 28.09.2024 at a rent of £13,350 p.a.
Following the service of a Section 25 Notice on 08.03.2024, no rent has been demanded nor collected since the lease expiry date and there has been no application to Court for a new tenancy.
Please refer to the CPSEs in the legal pack for further details and the Special Conditions regarding payment of the outstanding income since the lease expiry.

Shop & Flat - Both "D"

1. We understand that the flat is sub-let on a 12 month AST from 09.06.2024 at £1,300 pcm.

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

Joint Auctioneer:

Day and Bell Surveyors Ref: 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.

Enquire about
2 Broadway Parade, Elm Park Avenue, Elm Park, Hornchurch, Essex, RM12 4RS

Download PDF register to bid view legal documents

Robert Woolfe

07581 029 501

Enquire about this property

For help with whatever stage of the auction process you’re in, or to learn what you might get for any of your investments at auction, please get in touch.