Forest Road, Loughton
£1,350,000 (Tenant Fees)

Large Gated Plot With Offices, Garages And Parking - Unique Development Opportunity - Freehold - Current (EPF/2234/22) and Previous (EPF/1573/21) Change Of Use Planning Consent - Excellent Location And Transport Links

This property presents a unique opportunity to acquire a well positioned freehold asset, with current (EPF/2234/22) and lapsed (EPF/1573/21) change of use planning consent.

Adjacent to Epping Forest, with convenient access to the High Road and local amenities, it creates an opportunity for an incoming purchaser to enhance its potential and maximise value.

Situated on a gated site it currently features an office building, separate garages, an outbuilding and parking but has potential to be redeveloped (STP) or changing the use class (STC). The existing office building provides multiple rooms, a kitchen and two WCs.

The site has current permissions for 'Change of use and conversion of existing storage building / workshop (Use class B8) to single residential use (Use Class C3).' (Granted on 31st August 2023: EPF/2234/22.)

Previous permissions (now lapsed) for the site include 'Application to determine if Prior Approval is required for a proposed change of use from B1(offices) to C3 (dwelling house).' (Granted 21st July 2021: EPF/1573/21.)

Prospective buyers are advised to refer to the Epping Forest planning portal for full details of the applications and independent verifications before purchasing.

Ideally located for Loughton High Road's shops and amenities it has excellent transport links including the Central Line and M11. The expansive Epping Forest provides ample green countryside space in the surrounding area.

Contact Durden & Hunt for a viewing!

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These details are prepared as a general guide only and should not be relied upon as a basis to enter a legal contract or to commit expenditure. The sales particulars may change in the course of time and any interested party is advised to make a final inspection of the property prior to exchange of contracts or signing of a tenancy agreement. Durden & Hunt have not tested any apparatus, equipment, fixtures and fittings or services. Items shown in photographs are not necessarily included. On occasion photographs may be owner supplied. On most occasions features and facilities of a property are owner advised and potential buyers/tenants are advised to confirm these. Please note that service charge, ground rent and lease lengths are subject to change, and the information we have supplied was true at time of instruction. References to the tenure, lease length, ground rent and service charges for any property are based on information supplied by the seller, buyers are advised to obtain verification of these stated figures from their solicitor before purchasing. Any mention of planning potential or planning permission is based on the current owners opinion, a potential buyer should assume that this is a speculative opinion only and is not based on planning permission being granted or professional advice, unless otherwise stated. Any reference to distance to stations, amenities or schools are taken from portal estimated distances, buyers are advised to do their own research on distances. Buyers/Tenants must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Durden & Hunt are a proud member of The Property Ombudsmen.