Auction, 19 September 2024
We have 4 property sites for sale at auction through BidX1 property auctions on 19 September 2024.
Registration for bidding is now open.
Bidding for each site opens at 10am, 19 September 2024.
A summary of each site is provided below, together with links for details and bidding.
Knight of Aveley public house,
Derry Avenue, South Ockendon, RM15 5LN
Summary:
- freehold ground rent investment
- reversion in 10 years (2034)
- currently a public house
- large corner site of approximately 0.28 hectares (0.69 acres)
- future development potential (subject to consents)
- currently producing £200 per annum
- guide price £175,000 to £200,000
- bidder security £3,500 – fully refundable to unsuccessful bidders
Go to BidX1: Knight of Aveley.
The Park Tavern public house,
170 Romford Road, South Ockendon, RM15 4PH
Summary:
- freehold ground rent investment
- reversion in 13 years (2037)
- currently a public house
- large corner site of approximately 0.18 hectares (0.44 acres)
- future development potential (subject to consents)
- currently producing £150 per annum
- guide price £175,000 to £200,000
- bidder security £3,500 – fully refundable to unsuccessful bidders
Go to BidX1: The Park Tavern.
1, 3 and 5 Aire Drive,
South Ockendon, RM15 5AP
Summary:
- long leasehold retail investment
- includes 3 retail units
- established retail parade
- producing £17,350 per annum
- guide price £100,000 to £110,000
- bidder security £3,500 – fully refundable to unsuccessful bidders
Go to BidX1: 1, 3 and 5 Aire Drive.
3 and 4 The Parade,
Hall Road, Aveley, RM15 4JU
Summary:
- long leasehold retail investment
- includes 2 retail units
- established retail parade
- producing £9,000 per annum
- guide price £60,000 to £70,000
- bidder security £3,500 – fully refundable to unsuccessful bidders
Go to BidX1: 3 and 4 The Parade.