Crown Hl - Crown Hill Nursery 3.8 Acres of Commercial Land Offered at £5,000,000 in Waltham Abbey EN9 3TF
INVESTMENT HIGHLIGHTS
- 3.8 Acres comprising of part open storage, residential and industrial use.
- Same ownership since 1989 and held in an SPV.
- Income producing approx. £121,770.00 pax from container storage and mobile office income.
- 2.17 miles from Junction 26 of the M25 & 3.3 miles from the M1
- Perimeter service road with entrance & exit.
EXECUTIVE SUMMARY
Crown Hill Nursery totals 3.8 acres and benefits from B1 (Light Industrial), B8 (Open Storage), and C3 (Residential Use). Mobile office units and container tenants currently
occupy this site. The site is owned within an SPV, which generates income to the tune of £121,770.00 per annum exclusive of 33 container tenants. The site also has 3x residential park homes. The site is currently owned by Upshire Business Park who have a 35-year trading record with a resultant excellent credit rating.
occupy this site. The site is owned within an SPV, which generates income to the tune of £121,770.00 per annum exclusive of 33 container tenants. The site also has 3x residential park homes. The site is currently owned by Upshire Business Park who have a 35-year trading record with a resultant excellent credit rating.
PROPERTY FACTS
| Price | £5,000,000 |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 3.80 AC |
1 LOT AVAILABLE
Lot
| Price | £5,000,000 |
| Price Per AC | £1,315,789.47 |
| Lot Size | 3.80 AC |
The site benefits from B1 / B8 and C2 use via way of 2 separate Certificate of Lawfulness applications (copies available upon request).
DESCRIPTION
The site is conveniently located 2.8 miles from the affluent area of Epping in Essex and 17 miles from the centre of London. Epping tube station provides links into Central London via the Central Line, equidistant from Epping station, Waltham Cross Station, and Loughton Station. By road, the site is well served by the M25 being 2 miles from Junction 26 of the M25 and 3.3 miles from the M11 motorway.
CONTACT
-
George Moriarty -
David Charles Property Consultants
