MARKET HOUSE! ROMFORD IS CHANGING Romford is going through a period of change with a growing population and investment on many fronts. Some of the changes coming are: 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. www.havering.gov.uk 2 ROMFORD MARKET (EST. 1247) More than 17 million visitors a year make Romford Market The Market’s rich history dates a unique mix of stores and stalls. back more than 750 years when Havering Museum, two cinemas it began as a sheep market after and ten pin bowling are all close by. King Henry III gave instructions for the town to have a market Throughout the year, Romford every Wednesday. A 13th century Market hosts an array of events rule that no other market can be and entertainment for all the family, set up within a day’s sheep drive supported by a 12 month advertising (about six miles) from Romford campaign encompassing press, still exists today. radio, posters, billboards, buses and social media. At Christmas, Today Romford Market, held crowds of up to 10,000 visitors fill every Wednesday, Friday and the Market Place for the Christmas Saturday, is at the heart of four Lights Switch On event and the shopping centres – The Liberty, fireworks finale. Mercury Mall, Romford Shopping Hall and The Brewery, offer With excellent road, rail, bus and ing a comprehensive shopping 5,000 parking spaces close by experience with high street – there’s no excuse not to visit and independent brands, and Romford Market. www.havering.gov.uk 3 POTTERS BAR WALTHAM RADLETT ABBEY WATFORD BOREHAMWOOD ENFIELD LOUGHTON BARNET EAST BARNET SOUTHGATE RICKMANSWORTH CHINGFORD TOTTERIDGEROMFORD EDMONTON EDGWARE HAROLD HILL NORTHWOOD MILL STANMORE HILL WOODFORD BURNT OAK TOWNWOOD CENTREGREEN TOTTENHAM MUSWELL HILL WALTHAMSTOW HENDON HARROW ROMFORD CROUCH END n Fast links to Stratford and the Queen Hillingdon HIGHGATE RUISLIP Elizabeth Olympic Park by fast new STOKE NEWINGTON HORNCHURCH LEYTON UPMINSTER Crossrail services HAMPSTEAD WEMBLEY n Vibrant night time economy NORTHOLT ISLINGTON BARKING STRATFORDA11 n CAMDEN A growing population with young TOWN GREENFORD BETHNAL BOW professionals and families attracted GREEN PADDINGTON RAINHAM LIVERPOOL by the great transport links and range of STEET POPLAR ACTON new housing developments conveniently YIEWSLEY HAYES CANARY EALING WHARF THAMESMEAD KENSINGTON close to the town centre WEST WESTMINSTER DRAYTON BERMONDSEY WOOLWICH LAMBETH CHISWICK WALWORTH n Dynamic and wide retail offer encompassing DEPTFORD BRENTFORD GREENWICH ERITH CAMBERWELL busy high street shopping complemented FULHAM PECKHAM HEATHROW AIRPORT BATTERSEA BLACKHEATH by five retail centres all close to historic HOUNSLOW BRIXTON CLAPHAM LEWISHAM Romford Market ISLEWORTH RICHMOND PUTNEY ELTHAM BEXLEY CRAYFORD n Award-winning green spaces complement CATFORD extensive leisure and cultural facilities Hounslow TWICKENHAM FELTHAM SIDCUP including a brand new £25m leisure centre WIMBLEDON STREATHAM CHISLEHURST just five minutes walk from Romford Market TEDDINGTON PENGE KINGSTON UPON THAMES MITCHAM NEW MALDEN Kingston upon Bromley Thames www.havering.gov.uk 4 Sutton CARSHALTON ORPINGTON SUTTON WALLINGTON CHESSINGTON GREEN Croydon STREET GREEN DOWNE PURLEY LONDON BIGGIN HILL AIRPORT CUDHAM ASHTEAD CHIPSTEAD LEATHERHEAD TADWORTH DEMOGRAPHICS n 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 www.havering.gov.uk 5 MARKET BUILDING SCHEME For 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 www.havering.gov.uk 6 250 SPACES ACCOMMODATION800 SPACES The unit is arranged on ground and first floor, providing the following approximate net internal floor areas: FLOOR AREAS SQ M SQ FT Ground Floor: 176 1,894 Ground Floor (Additional): 52 560 First Floor: 177 1,905 TENURE RATES The unit is available by way of a The property will be reassessed new lease for a term to be agreed for rating purposes following the 800 SPACES following completion of development completion of development works. works (estimated April 2018). RENT COSTS On application. Each party is to be responsible NEW ROMFORD LEISURE CENTRE for their own legal and all other professional costs incurred in the transaction. www.havering.gov.uk 7 CONTACT James Salvesen Surveyor Retail Agency - South Colliers International +44 20 7344 6757 [email protected] Jack Bennett Surveyor Retail Agency - South Colliers International +44 20 7344 6536 [email protected] Katerina Sharpe Property Adviser Property Services London Borough of Havering 01708 431 442 [email protected] www.havering.gov.uk 8.