Price on application

56-72 Market PlaceRomford, Essex RM1 3ET

  • Under offer

Key features

  • A 0.55 hectare site comprising an existing building which extends to 21,188 sq m
  • Development opportunity located in Romford town
  • Located approx. 0.4 miles north of Romford National Rail Station

An exciting opportunity to purchase an existing retail investment with significant residential development potential.

About this property

  • The site extends to an area of 0.55 hectares (1.37 acres). The property consists of a 1960’s retail store set across basement, ground and four upper floors fronting Market Place within the main shopping district of Romford. The existing building extends to 21,188 sq m (228,066 sq ft) GIA and is of pre-cast concrete construction. The property is bounded by the Liberty Shopping Centre to the south, the Bull Public House (Locally Listed) to the east, a walkway (Swan Walk) to the shopping centre to the west and Romford Market Place to the north.

Local information

  • Romford is a rapidly evolving town on the boarders of East London and Essex which has seen significant redevelopment in recent years following the success of the Olympic Park redevelopment in Stratford, and since being named as a station on the new Elizabeth (Crossrail) train line.
  • The Liberty Shopping Centre, Brewery Shopping Centre and Mercury Shopping Centre are all within close proximity. These provide a comprehensive retail offering for Romford Town Centre.
  • The Chase Nature Reserve, a 120 acre park consisting of a diverse mix of habitats alongside the River Rom, is situated 2.5 km to the south.