Auction House London

Lot 20


148 Balgores Lane

Gidea Park, Romford, Essex, RM2 6BP

Sold Post

A Freehold Commercial & Ground Rent Investment Producing £20,600 per annum


The property comprises a ground floor shop with two self-contained flats above (both sold off) situated within a terraced building arranged over ground and two upper floors.


The property is situated on an established corner parade primarily occupied by local traders servicing the local residents in a prominent part of Romford. The open spaces of Gidea Park are within easy reach. Transport links are provided by Gidea Park rail station, which is soon to be served by Crossrail.


VAT is not applicable

Tenure (2nd Column)


Accommodation (2nd Column)

Ground Floor
Shop Area
Two Further Preparation/Stock Areas
Separate WC with wash basin

Note (2nd Column)

The property has not been internally inspected.

Viewing Details

Tuesday 31st March 12:00-12:30
Tuesday 7th April 12:00-12:30
Tuesday 14th April 12:00-12:30

Column 1 Column 2 Column 3
Property Lease Annual Rent
Commercial 10 year FRI Lease from 19th September 2007 £20,000 per annum
Flat A 125 years from 30/04/2014 £300 per annum
Flat B 125 years from 30/04/2014 £300 per annum

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

View Details as PDFEnquire NowRegister to Bid
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at

Share this lot

Similar Properties

Lot 1

Flat 42 Bridge Court Lea Bridge Road, Leyton, London, E10 7JS

*Sold for £144,500.

Lot 2

Flat 32 Gilling Court Belsize Grove, Belsize Park, London, NW3 4XA

*Sold for £296,000.

Lot 4

5B Baildon Street New Cross, London, SE8 4BQ

*Withdrawn Prior to Auction.

Enquire about 148 Balgores Lane, Gidea Park, Romford, Essex, RM2 6BP

Sign-up for our newsletter

Get the latest lot details along with new blog posts, straight to your inbox


  • Request Auction Valuation
  • Remote Bidding Registration
  • Online Auctions
  • Property Services


  • Current Auction
  • Past Auctions
  • Lots still available
  • Guide to buying at auction
  • Guide to selling at auction
  • General Conditions of Sale
  • Register to Bid


  • Guide to buying at auction
  • Guide to selling at auction
  • Guide to buy online


  • About Us
  • Why Choose Us
  • Meet The Team
  • Privacy Policy
  • Complaints Procedure

Auction House London

5 Hampstead Gate, 1a Frognal, Hampstead, London NW3 6AL

Tel: 020 7625 9007
Fax: 020 7990 9979
Auction House London
Site built by IVC
Copyright © 2021 Auction House London
Registered Address: 2 Cotton Street, Liverpool, Merseyside, L3 7DY Company No. 07048084
Footer Logos