Retail Space FOR RENT in Gallows Corner Retail Park, Romford, Essex

Property Description

Gallows Corner Retail Park – Romford, Greater London
Gallows Corner Retail Park is a prominent retail warehouse destination located at the junction of the A12 and A127 in Romford, within the London Borough of Havering. The 91,397 sq ft scheme comprises seven well-let units anchored by Next/Next Home, Costa, Argos, Halfords, Furniture Village, DFS, and Natuzzi/Bensons for Beds. The park benefits from excellent visibility, with approximately 88,800 vehicles passing daily, and enjoys a strong catchment within Greater London radius
Investment & Market Highlights
Fully freehold, acquired by Royal London in 2025 for £56 million, reflecting an initial yield of 5.17%
Curson Sowerby Partners (CSP)
Passing rent currently stands at approximately £3.09 million per annum
Curson Sowerby Partners (CSP)
Lease events and re-gearing have consistently driven rental growth; recent rent reviews achieved c. £42.50 per sq ft on vacated units
Total Size: 91,397 sq ft across seven unit
Unit mix includes:
Unit 1: Natuzzi/Bensons for Beds – 7,583 sq ft
Unit 2: Halfords – 10,100 sq ft
Unit 3: Furniture Village – 15,214 sq ft
Unit 5: Pets at Home – 7,482 sq ft
Unit 6A: Next – 20,987 sq ft
Curson Sowerby Partners (CSP)
Planning classification: Open Class E(a) / bulky goods
Positioned at the Gallows Corner roundabout on Colchester Road (A12), the retail park benefits from prominent frontage and excellent motorway connectivity. It sits adjacent to a Tesco Extra (~114,000 sq ft) and opposite a B&Q warehouse, strengthening its appeal in the local retail hierarchy
Gallows Corner Retail Park delivers stable, inflation-linked income underpinned by a strong tenant line-up and robust market fundamentals. Its prime M25 location and rental momentum position the asset well for long-term performance, while lease expiries present attractive asset management opportunity.
Pricing & Leasing Opportunities
Offers excess of £56,000,000 (reflecting a 5.17% net initial yield)
Individual unit rental details and availability upon request—please contact Fraser Bond for a comprehensive leasing schedule and tailored proposals
To explore tailored investment or leasing opportunities at Gallows Corner Retail Park—including rent profiles, unit-specific details, unit availability, or viewings—please contact Fraser Bond, leading specialist in Greater London retail assets. Fraser Bond provides full asset advisory support, including financial modelling, due diligence, and negotiation strategies. Queries welcomed via direct email or phone for prompt response.