The ground floor retail unit that houses Iceland, in Market Place, Romford, is listed on the property website for offers in excess of £800,000.
Estate agent Harston & Co writes on the listing that it as a “prime retail investment” which fronts onto the “historic” Romford market.
Iceland has an internal floor area of almost 7,000 square feet and forms part of a mixed-use building built between 2007 and 2008.
The Rightmove listing also confirms that the property is still let to Iceland Foods on a five-year lease, which started in September this year.
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The listing says the supermarket pays £67,500 in rent per year – equal to £9.66 in rent per square foot.
Harston & Co add that Romford town centre has “a number of big-name tenants”, such as Marks and Spencer, Primark and TK Maxx.
A spokesperson for Iceland confirmed that the Market Place store is not closing, but the building is up for sale.
