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Farnes Drive, Gidea Park
£725,000
 
 
     
    An opportunity to purchase the freehold to two adjoining warehouses currently producing £43,600 pa giving a 5.81% yield at the asking price which increases to £46,000 pa on 1st September 2026 uplifting the yield to 6.13%.
    Constructed in 2025, both units offer just over 1000 sq ft, have three allocated parking spaces each and are located close to Gallows Corner, Romford giving easy access to the A127, A12 and M25.
    Unit A is let to a company that services high end cars and unit B is also let to a construction company who are currently investing in the property by partitioning it into several offices and have already installed a mezzanine floor.
    The freehold title includes the access road to the properties and viewings must be made via Delaney's.

    Tenure: Freehold
    Reference: CS0077
    An opportunity to purchase the freehold to two adjoining warehouses currently producing £43,600 pa giving a 5.81% yield at the asking price which increases to £46,000 pa on 1st September 2026 uplifting the yield to 6.13%. Constructed in 2025, both units offer just over 1000 sq ft.

    Features

    • FREEHOLD FOR SALE
    • RARE OPPORTUNITY
    • CURRENTLY PRODUCING £43,600 PA WITH UPLIFT IN SEPTEMBER 2026
    • ACCESS ROAD INCLUDED IN TITLE
    • TWO ADJOINING WAREHOUSES
    • CLOSE TO GALLOWS CORNER, A12, A127 & M25

    Arrange a Viewing

    To arrange a viewing for this property, please call us on 01708 922 383, or complete the form below and we will be in contact:

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    81,81
    These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers/tenants must rely on their own inspection of the property. None of the appliances/services have been tested by ourselves. We recommend purchasers/tenants arrange for a qualified person to check all appliances/services before legal commitment.