Office for sale in Old Station Road, Loughton IG10

Offers over £1,500,000 (£280.01/sq. ft)
Interested in this property? Call +44 20 3007 0694 * or Request Details

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Office for sale

5,357 sq. ft*

Property features

  • Two-storey commercial building (Use Class E) & a garage block to the rear
  • The existing property extends to approx. 497.7 sqm (5,357 sqft)
  • The property 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
  • An indicative scheme comprising 20 apartments has been prepared
  • The property is only a 4-minute walk from Loughton Underground Station
  • Sold freehold or available for lease

Property 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 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.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
GLPG, W1H on +44 20 3007 0694 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by GLPG, and do not constitute property particulars. Please contact GLPG for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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