Comprising a three good-sized retail / commercial unit having excellent wide frontages.
Location
Northern Heights is a residential development situated in Romford, Essex, within the London Borough of Havering. This area has experienced significant redevelopment in recent years, particularly following the success of the Olympic Park redevelopment in Stratford. Romford has also been named as a station on the new Elizabeth Line (Crossrail), enhancing its connectivity.
The development is centrally located within Romford town centre, offering residents easy access to various amenities. Notably, the Liberty Shopping Centre, Brewery Shopping Centre, and Mercury Shopping Centre are all within close proximity, providing a comprehensive retail offering.
Located approximately 0.3 miles (0.5 km) northwest of Romford National Rail station, Elizabeth Line (Crossrail). Additionally, numerous bus routes connect Romford to various destinations, including Chigwell in the north, Upminster to the east, Dagenham to the south, and Barking to the west. The A12 is situated approximately 0.6 miles (0.9 km) to the north, and the M25 Junction 28 is approximately 4.1 miles (6.6 km) to the west.
Accommodation
Unit 1 – 238 m² (2561.81 ft²)
Unit 2 – 323.8 m² (3485.35 ft²)
Unit 3 – 124.5 m² (1340.1 ft²)
Terms
Permitted use - Class E – Retail, Professional Services, Offices, Health & Medical, Creche, Nurseries, Day Centers, Gym, indoor sports and Recreation
Finish - Finished in a shell and core condition with capped services.
Tenure - A new FRI lease will be granted for a term to be agreed upon, subject to upward-only rent reviews.
Rent - Guide of £25 psf
Long Leasehold Sale - Guide of £265 psf
Legal Costs - The ingoing tenant is to pay towards the landlord legal fees.
Rates - To be assessed by Havering Council
EPC - Available Upon Request
Reference Charge - Countrywide Commercial (UK) Ltd charges an admin fee of £350 + VAT to carry out credit checks, AML and references for proposed tenants. This fee is non-refundable once the checks have been applied for whether they are accepted or not by the landlord.
Holding Deposit - Tenants wishing to secure this property may be required to pay a holding deposit to Countrywide Commercial of £2000. This deposit is not refundable except if the vendor withdraws, clear title cannot be proven or the tenant’s references, AML, and Credit checks are not acceptable to the landlord. This deposit is held in our client’s account until completion.
Specification
- E Class Use
- 3 Units Available
- New Leases
- Shell & Core Finish
- Unit 1 – 238 m² / 2561.81 ft²
- Unit 2 – 323.8 m² / 3485.35 ft
- Unit 3 – 124.5 m² / 1340.1 ft²