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Land On The South Side Of Grange Farm Lane, Chigwell, IG7 6DR

£6,150,000

£64.17 per sq ft

Business rates & charges may apply

DCPC Commercial, Pinner
SIZE AVAILABLE

95,832 sq ft

8,903 sq m

SECTOR

Storage facility for sale

Key features

  • Open Storage site at the junction of Grange farm Lane & Chigwell High Road.
  • Originally used as a contractors yard for the development of Chigwell Grange.
  • 24/7 access
  • Capped off Water / Electric.
  • Part concrete hard surfaced.
  • May be suitable for development subject to planning. Existing residential consent granted in 2006.

Description

The site has been used for storage purposes as a building compounds to assist with the development of the Olympics in 2012 and for other building projects since. It is envisaged that the site has established B8 Storage Use since the site has been used as contractors yard / storage site for in excess of 10 years. The site benefits from being concrete hard surfaced in part with capped off electric and water supplies. The site has direct access of Grange Farm Lane suitable for HGVs. The site presents an excellent opportunity for a storage yard with excellent connectivity and possibly future development potential subject to planning.

The site is located to the north-east of the center of Chigwell, immediately adjacent to the roundabout at the junction of Grange Farm Lane with Chigwell High Road. The Site is bounded to the south by Bramble Close and to the north by Grange Farm Lane.
Chigwell High Road leads directly to the M11 motorway to the south and M25 motorway to the north. Central London is 19 miles from the site, Tilbury 27 miles and Heathrow 47 miles. Chigwell is an affluent town situated within Essex falling under Epping Forest Council. Chigwell Underground Station is 1.0 mile away which is served by the Central Line.

Freehold
The unencumbered freehold interest in the site is available for a price in the region of £6,150,000 subject to contract.
Leasehold
The leasehold interest in the site is available by way of a lease for a term to be agreed. The site is available in part or its entirety subject at a rent of £6.00 per sqft.

The site has established B8 use having being used as contractors yard for the storage of plant / building materials for in excess of 10 years. The vendor / landlord is happy to obtain a Certificate of Lawfulness reconfirming this use as part of any transaction if required.
The site has been subject to a number of residential applications over the years. Most recently a planning application was submitted to provide 14 dwellings comprising 10×2 bed flats and 4×5 bed houses sighted on the wider south-eastern, roundabout end of the site. This was rejected. Planning permission was granted for three dwellings on the land under separate applications in 2006, following an earlier consent for 2 dwellings granted in 2002. Lawful development certificates were granted in 2012 confirming that the three dwellings had been lawfully commenced.

Brochures

Land On The South Side Of Grange Farm Lane, Chigwell, IG7 6DR

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chigwell Station0.8 miles
  • Grange Hill Station1.1 miles
  • Debden Station1.2 miles

About DCPC Commercial, Pinner

29 High Street, Pinner, HA5 5PJ

David Charles Property Consultants was established in 1994. Based in Pinner in North West London, we are a firm of Chartered Surveyors offering friendly commercial property company to companies across the country. We pride ourselves on building strong, positive relationships with all of our clients and put honesty, integrity and professionalism at the heart of everything we do. To discuss any commercial property matter, whether this be a disposal, acquisition or lease event please do not hesitate to get in touch with a member of our agency team today on 020 8866 0001 or via enquiries@davidcharles.co.uk

Notes

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