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Old Station Road, Loughton, Essex, IG10

Offers in Excess of
£1,500,000

£280.01 per sq ft

Business rates & charges may apply

Alex Martin Commercial Ltd, London
SIZE AVAILABLE

5,357 sq ft

498 sq m

SECTOR

Healthcare facility for sale

USE CLASSUse class orders: Class E

E

Key features

  • Vacant class E building with development and asset management potential
  • Two-storey commercial building with garage block demised
  • Approximately 5,357 sq. ft with scope to expand
  • Ideal for a range of alternative uses including Nursery, Dental, Medical, Office etc.
  • An indicative scheme comprising 20 apartments has been prepared and available upon request
  • Parking and external areas demised

Description

The site is located in Loughton and comprises a vacant commercial building, previously used as a medical centre, and a garage block to the rear. The existing property extends to approx. 5,357 sq. ft, and is arranged over the ground and first-floor. The rear of the site can be accessed off Old Station Road via undercroft. There is potential for conversion and extension as well as for a new build scheme. 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 sq.ft. equating to approx. £160,000 per annum.

Brochures

Old Station Road, Loughton, Essex, IG10

Approximate location

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

Notes

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Disclaimer - Property reference 3886. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Alex Martin Commercial Ltd, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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