Romford Town Centre anchors the commercial life of Romford, serving as the borough's primary retail, dining, and professional services hub. Purpose-built offices sit alongside established high-street retailers and an expanding independent food and drink scene. With Romford council investing in public realm improvements and new mixed-use developments in the pipeline, Romford Town Centre is strengthening its appeal to occupiers and property investors seeking a well-connected outer-London base with rental growth potential.
Commercial property in Romford Town Centre trades at a significant discount to central London, offering attractive entry points for investors, with retail rents of £22-38 per square foot and office space from £18-28 per square foot. Across Romford, average commercial yields stand at 6%, with Romford Town Centre assets often exceeding this for smaller lot sizes and secondary pitches. Five-year capital growth of 16.5% across the borough signals sustained investor and occupier confidence in the area's trajectory.
Romford Town Centre is seeing incremental investment as property owners refurbish existing stock to meet modern tenant expectations and EPC requirements. Bridge Close regeneration is supporting wider area improvement and lifting market confidence. Mixed-use proposals combining ground-floor commercial with upper-floor residential continue to come forward, supported by strong end values in the area.
Led by Matt Lenzie, ex-Lloyds Bank & Bank of Scotland, with direct lender relationships across Greater London.