CASE STUDY
Property Asset Management
Murray Commercial
MOT Station At London Road, Romford
Client
Family Office UK based
Building Size and Use
15,000 sq ft MOT Station and Car Garage
Appointment
Murray Commercial’s appointment as managing agents commenced June 2021
Service Charge
None
The Brief
The garage sits in a prominent position in a busy suburb of Essex. The owners wanted to explore the possibility of alternative uses on the site to add value and increase the value of their asset.
Action and Outcome
- Property Management including rent collection 6 months site inspections and tenant liaison.
- We appointed a firm of architects to carry out a feasibility study and looked at options including a residential scheme and a hotel on the site.
- We are looking at making a planning application in the coming year.