Location
Romford is a rapidly evolving town on the east London/Essex borders approximately 14 miles to the north east of Central London.

The town centre has seen significant change over recent years and now boasts 3 shopping centres: The Liberty Shopping Centre, Brewery Shopping Centre and Mercury Shopping Centre.

Romford National Rail Station is 0.8 miles from the subject property offering the following journey times:

Stratford – 19 minutes
Liverpool Street – 27 minutes
Tottenham Court Road – 33 minutes
Heathrow Terminal 5 – 68 minutes

Romford station is positioned on the Elizabeth Line connecting Shenfield Essex to Reading and Heathrow Airport through Central London.
Additionally, the subject property is very well served by the following bus routes: 66, 123, 175, 247, 294, 296, 365, 375 and 575.

The subject property is located on the west side of North Street opposite the junction with Park Drive.
*Information provided by TfL

Accommodation
Available accommodation comprises of a 2 storey semi detached former 3x bedroom house under a pitched tiled roof which has been used a ground floor dental clinic for a number of years although more recently extended to incorporate the first floor under planning permission P0527.20.

The Tenant in occupation trades as ‘Dental Beauty Romford’ offering a wide range of dental and aesthetic treatments both privately and under NHS. The building comprises of a large reception area together with 5x treatment rooms over ground and first floors, WC’s and a first floor kitchenette/staff room.

Further information on the business can be found at www.dentalbeautyromford.co.uk

To the rear is a car park capable of accommodating 3/4 cars.

The building is in excellent decorative order and has an approximate Gross Internal floor Area of 1,311 sq.ft (121.80

Floor areas taken from VOA website therefore their accuracy cannot be guaranteed. Interested parties will need to satisfy themselves in this regard.

Tenancy
The entire building is subject to a 20 year lease from 3 October 2019 to the Romford Smile Dental Practice Ltd with a directors guarantee. October 2024 rent review has been settled at £34,000 pax. The lease is contracted inside of the 1954 Landlord & Tenant Act.

Terms

Tenure
The premises are to be sold Freehold subject to the above mentioned tenancy.

Price
Offers in excess of £550,000 are being sought. We understand that the property is not elected for VAT. A purchase at this level reflects a yield of c6.2% before purchasers costs.

All rents, prices and premiums are exclusive of VAT under The Finance Act 1989. Accordingly, interested parties are advised to consult their professional advisers as to their liabilities, if any, in this direction.

EPC
82D

Consumer Protection & Money Laundering Regulations
It is recommended that applicants seek independent professional advice before entering into a contract on this property. It is required to gain proof of identity from companies and/or individuals before accepting an offer for any property.

Legal costs
Both parties reasonable legal costs are to be borne by the Purchaser.

Services/Utilities
Reference to all/any services, utilities or fixtures & fittings in these particulars does not imply they are in full and efficient working order.

Viewing
Strictly by arrangement via sole agents.