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Grange Farm Ln 2.2 Acres of Commercial Land Offered at $8,208,318 in Chigwell IG7 6DR



INVESTMENT HIGHLIGHTS
- Open Storage site at the junction of Grange farm Lane & Chigwell High Road.
- Capped off Water / Electric.
- Originally used as a contractors yard for the development of Chigwell Grange.
- Part concrete hard surfaced.
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $8,208,318 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Tenure | Freehold | Total Lot Size | 2.20 AC |
| No. Lots | 1 |
| Price | $8,208,318 |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.20 AC |
1 LOT AVAILABLE
Lot
| Price | $8,208,318 | Lot Size | 2.20 AC |
| Price Per AC | $3,731,053.62 |
| Price | $8,208,318 |
| Price Per AC | $3,731,053.62 |
| Lot Size | 2.20 AC |
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.
DESCRIPTION
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.
Presented by
Grange Farm Ln
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