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32 Church Hl 1,592 sq ft 100% Let Retail Property Loughton IG10 1LA £500,000 (£314.07/sq ft)



Investment Highlights
- Close proximity to established shops, restaurants, and businesses
- On-site parking
Executive Summary
For sale with Class E use is this semi-detached three storey freehold commercial unit with customer or staff parking on Church Hill in Loughton.
The property occupies a prominent position on Church Hill a stretch of the A121 which links Buckhurst Hill and Epping and a continuation of the bustling High Road in Loughton and home to established shops, restaurants and businesses in this affluent area of Essex.
Formerly a Funeral Directors the premises are currently arranged as eleven separate rooms over the lower ground, ground and first floor with a garden to the rear of the building, please see the accompanying floor plan for the layout and exact dimensions of these rooms.
The first floor office and basement storage space can currently only be accessed from inside the commercial unit however, subject to planning consent, this could be reconfigured restoring the property to all or part residential use.
The A1 business use class was replaced by Class E in 2020 which was part of a wider update to the Business Use Classes Order in England and now incorporates a range of former use classes including A1 (shops) A2 (financial and professional services) A3 (restaurants and cafes) and B1 (business).
The property occupies a prominent position on Church Hill a stretch of the A121 which links Buckhurst Hill and Epping and a continuation of the bustling High Road in Loughton and home to established shops, restaurants and businesses in this affluent area of Essex.
Formerly a Funeral Directors the premises are currently arranged as eleven separate rooms over the lower ground, ground and first floor with a garden to the rear of the building, please see the accompanying floor plan for the layout and exact dimensions of these rooms.
The first floor office and basement storage space can currently only be accessed from inside the commercial unit however, subject to planning consent, this could be reconfigured restoring the property to all or part residential use.
The A1 business use class was replaced by Class E in 2020 which was part of a wider update to the Business Use Classes Order in England and now incorporates a range of former use classes including A1 (shops) A2 (financial and professional services) A3 (restaurants and cafes) and B1 (business).
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,592 sq ft
Costar Property Class
C
Year Built
1908
Price
£500,000
Price per sq ft
£314.07
Occupancy Rate
100%
Number of Floors
2
Plot ratio
0.33
Total Plot Size
0.11 ac
Parking
1 Spaces (0.49 Spaces per 1,000 sq ft Leased)
Frontage
19 ft on Church Hill
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Nearby Major Retailers
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32 Church Hl
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