Romford Road, Forest Gate, E7 8AB Mixed use for sale

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Romford Road, Forest Gate, E7 8AB Mixed use for sale

Romford Road, Forest Gate, E7 8AB
£750,000

Our Summary

  • The residential accommodation spans multiple levels and offers generous internal floor area, suitable for refurbishment, reconfiguration or further development, subject to the necessary consents
  • Development And Extension Potential (STPP)

Description

This mixed-use freehold property is located on a prominent stretch of Romford Road in Forest Gate, East London. The property features a ground floor commercial unit, currently trading as a restaurant, with a lease that has approximately four years remaining, providing immediate income security. The commercial unit is accompanied by a substantial vacant residential element, spanning multiple levels, offering a clear value-add opportunity. The property also benefits from rear access, a private rear garden, and a garage, which enhance both rental and resale prospects. Additionally, there is future development and extension potential, subject to planning approval, making it an attractive proposition for investors, developers, and asset managers seeking upside. The property is situated in a strong East London location, with excellent transport links and local amenities nearby, underpinning long-term demand.