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MIxed Use Investment & Development Opportunity in Brentwood – Now Sold!!!MJM are pleased to announce the sale of Romy House in Brentwood.
The property is located on Kings Road next to the Premier Inn Hotel and opposite Brentwood Rail Station.The building comprises ground floor commercial spaces and four floors of offices, totalling 17,776 sqft (1,652 sqm). The ground floor commercial spaces are fully let and the vacant upper floors will be converted into apartments.
MJM acted as joint selling agents for a German property company client. The property was put up for sale last autumn attracting considerable interest with over 10 parties putting forward initial offers. The successful buyers, in a close run bidding process, secured the purchase at a price of £2.52m.
The sale demonstrates the continued appetite for commercial & residential property in Brentwood and the region. MJM will be offering another similar but larger opportunity in the town in the very near future. Watch this space or for further details contact:
Mark Mannering – mark@mjmpropertyconsultants.co.uk.
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