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Rectory Lane, Loughton

£1,650,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page Freehold
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Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :  

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Size The size of a property or land refers to its physical extent or area. Read our glossary page

5803sqft

Use Class A commercial use class refers to a classification system that categorises buildings based on their intended commercial purposes, such as offices, retail spaces, or industrial facilities. Read our glossary page

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Features

  • Freehold light industrial/office building totalling approx 5,803 sq ft
  • Suitable for investors, owner-occupiers & developers
  • Planning granted for redevelopment to 5 x 3-storey commercial units
  • Includes forecourt parking
  • Currently divided into 2 units, with unit A income £42,500 per annum from November 2026
  • Rare opportunity

Nearest Stations

  • Debden Underground Station - 1.0 miles
  • Loughton Underground Station - 1.2 miles
  • Theydon Bois Underground Station - 1.9 miles
  • Buckhurst Hill Underground Station - 2.2 miles
  • Chigwell Underground Station - 2.7 miles
Location
The property is located off Rectory Lane, to the north of Loughton Town Centre. Access to the motorway network is via Junction 5 of the M11 (southbound) at Debden or Junction 26 of the M25 at Waltham Abbey. Debden and Loughton Underground Stations are on the Central Line and provide regular train services into Central London and out to Epping. The area is also served by local buses.

Description
Comprising a unique office/light industrial building which is currently divided into 2 self-contained units. Unit A is currently used as a martial arts studio while Unit B is used as a warehouse with offices and showroom, although both units would be suitable for a variety of uses. The property benefits from forecourt parking and the accommodation is more particularly described as follows:

Unit A (including studio, offices & w/c): approximately 2,680 sq ft (249 sq m).
Unit B (including warehouse, offices, showroom, w/c & kitchenette: approximately 3,123 sq ft (290.1 sq m).
Total: approximately 5,803 sq ft (539.1 sq m).

Planning
Planning consent has been granted (Ref: EPF/0829/23) for the demolition of the existing building and the construction of five new commercial units (including workshop, showroom and office space), together with parking and landscaping.

Lease
Unit A is let out on an 8 year lease from November 2023. The current rent is £40,000 per annum, increasing to £42,500 from November 2026. After November 2027 both landlord and tenant can terminate the lease with 6 months' notice.
Unit B is currently owner-occupied but could potentially be let for more rent than Unit A due to its size.

Terms
The premises are available, subject to the existing lease on Unit A and with vacant possession of Unit B, for £1,650,000.

Business Rates
Epping Forest District Council have informed us of the following:
Unit A 2026 Rateable Value: £28,500
Unit B 2026 Rateable Value: £32,000
Interested parties are advised to confirm current rate liability with the Local Authority.

Viewings
Strictly via agents Clarke Hillyer, tel 020 8501 9220.

EPC
The premises have an Energy Performance Certificate rating of D. Property Ref: 19780790

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