MARKET HOUSE!

ROMFORD IS CHANGING

n A regeneration of Romford Market, to be completed in March 2018, invigorating the town’s famous market, bringing existing and new visitors to an attractive, vibrant and dynamic space.

n A brand new £25m leisure development with an ice rink and two swimming pools is set to open in the town centre in Spring 2018.

n The Romford Housing Programme is set to deliver more than 3,500 new homes all within 10 minutes walk of Romford Market. A further 4,500 homes will be built over the next five years in the wider Havering area to meet the needs of the growing population and support economic growth

n Transport connections are set to be dramatically improved with the arrival of the Crossrail service linking Romford directly to central London and Heathrow Airport with fast, frequent and comfortable rail services.

n The Retailery; a new creative hub for makers, thinkers and doers opened in Romford’s Market Place in 2016. It is a space dedicated to providing space and advice for startup businesses.

Romford is going through a period of change with a growing population and investment on many fronts. Some of the changes coming are:

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More than 17 million visitors a year make Romford Market

The Market’s rich history dates back more than 750 years when it began as a sheep market after King Henry III gave instructions for the town to have a market every Wednesday. A 13th century rule that no other market can be set up within a day’s sheep drive (about six miles) from Romford still exists today.

Today Romford Market, held every Wednesday, Friday and Saturday, is at the heart of four shopping centres – The Liberty, Mercury Mall, Romford Shopping Hall and The Brewery, offer ing a comprehensive shopping experience with high street and independent brands, and

a unique mix of stores and stalls. Havering Museum, two cinemas and ten pin bowling are all close by.

Throughout the year, Romford Market hosts an array of events and entertainment for all the family, supported by a 12 month advertising campaign encompassing press, radio, posters, billboards, buses and social media. At Christmas, crowds of up to 10,000 visitors fill the Market Place for the Christmas Lights Switch On event and the fireworks finale.

With excellent road, rail, bus and 5,000 parking spaces close by – there’s no excuse not to visitRomford Market.

ROMFORD MARKET (EST. 1247)

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RICKMANSWORTH

WATFORD

RUISLIP

STANMORENORTHWOOD

HARROW

BOREHAMWOOD

EDGWARE

BARNET

EAST BARNET

WOOD GREEN TOTTENHAM

SOUTHGATE

EDMONTON

ENFIELD

MUSWELL HILL

OAK

TOTTERIDGE

HILL

EALING

GREENFORD

WEMBLEY

NORTHOLT

ACTON

HENDON

HAMPSTEAD

STOKENEWINGTON

CHINGFORD

WOODFORD

WALTHAMSTOW

LEYTON

CROUCH END

HIGHGATE

LOUGHTON

BERMONDSEY

ISLINGTON

POPLAR

BOWBETHNALGREEN

GREENWICHDEPTFORD

LEWISHAM

CATFORD

ELTHAM

BLACKHEATH

A11

YIEWSLEY

WESTDRAYTON

HAYES

HEATHROW AIRPORT

FELTHAMTWICKENHAM

ISLEWORTH

TEDDINGTON

KINGSTON UPON THAMES

NEW MALDEN

WIMBLEDON

PUTNEY

FULHAM

CHISWICK

BRENTFORD

STREATHAM

CAMBERWELL

LAMBETH

BRIXTONCLAPHAM

PECKHAM

PENGE

RICHMOND

HOUNSLOW

KENSINGTON

MITCHAM

BATTERSEA

WESTMINSTER

WALWORTH

PADDINGTON

CAMDENTOWN

STRATFORD

LIVERPOOLSTEET

CANARYWHARF

BURNT

MILL

CHESSINGTON

SUTTON

PURLEY

CARSHALTON

WALLINGTON

ASHTEAD

TADWORTH

CHIPSTEADLEATHERHEAD

CUDHAM

DOWNE

ORPINGTON

CHISLEHURST

SIDCUP

BEXLEY

WOOLWICH

ERITH

BARKING

THAMESMEAD

GREENSTREETGREEN

HAROLD HILL

RADLETTPOTTERS BAR WALTHAM

ABBEY

HORNCHURCH

ROMFORD

UPMINSTER

RAINHAM

CRAYFORD

LONDONBIGGIN HILL

AIRPORT

Bromley

Croydon

Sutton

Hounslow

Kingstonupon

Thames

Hillingdon n Fast links to Stratford and the Queen Elizabeth Olympic Park by fast new Crossrail services

n Vibrant night time economy

n A growing population with young professionals and families attracted by the great transport links and range of new housing developments conveniently close to the town centre

n Dynamic and wide retail offer encompassing busy high street shopping complemented by five retail centres all close to historic Romford Market

n Award-winning green spaces complement extensive leisure and cultural facilities including a brand new £25m leisure centre just five minutes walk from Romford Market

ROMFORD TOWN CENTRE

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DEMOGRAPHICSn Romford’s population is growing and housing

zones and schools are being developed and expanded to cater for the increase

n A new influx of families with young children and professionals working in central London are being attracted to the town centre because of its great transport links and new affordable housing opportunities

n 242,080 people live in Havering with the population expected to grow by 7.5% between 2012-2019. (ONS 2013)

n The Romford Town ward has the fastest growing population of any ward in the borough

n The local population comprises an above average proportion of the A, B & C class groups against the national average

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MARKET BUILDING SCHEMEFor the first time in over 80 years Market Square will again have a Market Building. This will see the return of a building that dates back to the 1700’s.

Market Building will;

n Be situated in the centre of the square in a highly visible position forming the focal point of Market Square

n Have a ground floor of circa 200sq/m

n Benefits from a roof terrace of circa 175sq/m accessible by stairs or lift with a food/service hoist

n Have full utility provision – 3 phase power, gas, water and drainage

n Building will be finished to a shell and core, to be fitted out by incoming operator

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250 SPACES

800 SPACES

800 SPACES

NEW ROMFORDLEISURE CENTRE

ACCOMMODATION

FLOOR AREAS SQ M SQ FT

Ground Floor: 176 1,894

Ground Floor (Additional): 52 560

First Floor: 177 1,905

The unit is arranged on ground and first floor, providing the following approximate net internal floor areas:

TENUREThe unit is available by way of a new lease for a term to be agreed following completion of development works (estimated April 2018).

RENTOn application.

RATESThe property will be reassessed for rating purposes following the completion of development works.

COSTSEach party is to be responsible for their own legal and all other professional costs incurred in the transaction.

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CONTACTJames Salvesen SurveyorRetail Agency - SouthColliers International+44 20 7344 6757James.Salvesen@colliers.com

Jack Bennett SurveyorRetail Agency - SouthColliers International+44 20 7344 6536Jack.Bennett@colliers.com

Katerina SharpeProperty Adviser Property ServicesLondon Borough of Havering01708 431 442katerina.sharpe@oneSource.co.uk

8www.havering.gov.uk