Unit D, 4 Lyon Road, Romford RM1 2BA

Freehold - Industrial Investment Opportunity
Secure income to Barking Havering and Redbridge University Hospitals NHS Trust with annual CPI increases.

• Romford is a strategically core industrial location providing excellent connections via the A12 which provides a direct route to the M25 and M11
• Detached Industrial warehouse unit providing a total area of 34,253 sq ft (GIA) on a 0.98 acre site
• The property is let on a FRI lease to Barking Havering and Redbridge University Hospitals NHS Trust, providing exceptionally secure income
• The tenant has been in occupation since 2006, the property provides a critical use to the local Queens Hospital
• The property is leased until 28th September 2036 with a tenant break option on 29th September 2031 providing 10 years to lease expiry and 5 years to break
• Annual CPI linked rent reviews from 29th September 2027 with a collar of 1% and cap of 3% per annum
• The current passing rent is £332,000 per annum, equating to only £9.70 per sq ft
• Freehold

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