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Agent's details

7 Eastern Road, Romford, Essex, RM1

For sale: £3,000,000.00|9,382 Sq Ft|Office, Offices

Property details

FOR SALE£3,000,000.00
SIZE9,382 Sq Ft
ADDRESS7 Eastern Road, Romford, Essex, RM1
TYPEOffice, Offices
TENUREFor Sale Freehold
POSTED ON31st January 2024

Description

7 Eastern Road forms a five storey detached office building. The ground floor provides a reception area and a disabled WC, and the remainder forms undercroft car parking with 9 marked car parking spaces, albeit it could be increased through double parking.

There is a 10 person passenger lift to the upper floors which generally provide open plan office accommodation benefitting from raised access floors, suspended ceilings with recessed lighting and air conditioning. There are WC facilities on the landing of each floor which alternate floor by floor between male and female. The fourth floor benefits from a balcony over Eastern Road and to the rear is a fire escape with an attractive curved glass fa�ade.

Location
Located within the M25 and the London Borough of Havering, Romford is a major centre within Greater London with an estimated population of 130,000. The town is situated just off the A12 dual carriageway and approximately 4.5 miles from Junction 28 of the M25 motorway.

The property is approximately 150 metres from the entrance to Romford Train Station, which provides a frequent service to London Liverpool Street with up to 15 services an hour and journey times from approximately 17 minutes. Romford is situated within Zone 6 and benefits from being a Great Eastern Main Line, Overground and Elizabeth Line Station.

Accommodation
We have measured the property in accordance with the RICS Code of Measuring Practice (6th edition) on a net internal area basis and we calculate the following approximate areas:

Ground Floor 239 sq. ft. (22.25 sq. m.)
First Floor 2,317 sq. ft. (215.34 sq. m.)
Second Floor 2,307 sq. ft. (214.39 sq. m.)
Third Floor 2,307 sq. ft. (214.39 sq. m.)
Fourth Floor 2,212 sq. ft. (205.58 sq. m.)
Fourth Floor Balcony Unmeasured
Total 9,382 sq. ft. (871.95 sq. m.)

Local Authority
The London Borough of Havering
T. 01708 434343

Business Rates
The property is entered into the Valuation Office Agency Rating List as follows:

Rateable Value: £138,000
Approx. Rates Payable (2023/24): £70,656

EPC
C - 52.

Services
We understand the property is connected to mains water, drainage and electricity. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.

Title
Freehold under the registered title number: EGL63069.

Planning
We understand that the property benefits from Class E office use.

Terms
7 Eastern Road, Romford is available for sale with vacant possession by way of private treaty and offers are invited in the region of £3 million.

VAT
We understand that the property is not elected to VAT.

Legal Costs
Each party to bear their own legal costs incurred in this transaction.
( Agency Pilot Software ref: 14870313 )

Location

marker
Location: 7 Eastern Road, Romford, Essex, RM1

Elm Park (1.9 miles)

Hornchurch (2.1 miles)

Dagenham East (2.4 miles)

Romford (0.2 miles)

Gidea Park (1.0 miles)

Emerson Park (1.5 miles)

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