Forest Medical Centre, Old Station Road, Loughton, IG10 4PE
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- The site comprises a two-storey commercial building (Use Class E) and a garage block to the rear
- The existing property extends to approx. 497.7 sqm (5,357 sqft) and was previously used as a medical centre
- Ideal for a range of uses including Childcare, Dental, Medical, Office etc.
- There is development potential to convert the existing building into residential, subject to obtaining all necessary consents
- There is development potential to convert the existing building into residential, subject to obtaining all necessary consents
- The property is only a 4-minute walk from Loughton Underground Station
- Sold freehold or available for lease
Description
The existing property extends to approx. 5,357 sqft, and is arranged over the ground and first-floor.
The rear of the site can be accessed off Old Station Road via an undercroft.
There is potential for conversion and extension as well as for a new build scheme, subject to obtaining all necessary consents.
The seller has prepared an indicative scheme comprising 20 apartments over the ground and three upper floors.
The property is for sale freehold by way of informal tender (unless sold prior) at Offers Over £1,500,000, subject to contract.
The property is also available to rent at a guide rent of £30 per sqft equating to approx. £160,000 per annum.
Brochures
Forest Medical Centre, Old Station Road, Loughton, IG10 4PE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Loughton Station0.2 miles
- Buckhurst Hill Station1.2 miles
- Debden Station1.3 miles
About GLPG, Marylebone
3 Fitzhardinge Street, London, W1H 6EF
Notes
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