Guide price
£1,980,000
(£77.81/sq. ft)
Light industrial for saleFarm Tyre Services, Sewardstone Road, Chingford E4
25,445 sq. ft
About this property
Freehold 0.58 acre site with buildings of gia: 683.3 sq.m. (7,355 sq ft)
Long established and profitable tyre business - goodwill available
Vacant possession of the whole is possible on completion
Average Number of motor vehicles passing the property daily: C.19,500
Broad spectrum of existing permitted planning uses & development potential STPP
Leasehold building and land: Gia: 66.1 sq m (712 sq ft) on 0.28 acres
The site has a wide variety of existing and potential alternative planning uses, subject to obtaining the necessary consents.
This is a prominent property with a frontage to Sewardstone Road of c 26m and a maximum depth of c 122m.
Leasehold Land: The leasehold 0.28 acre part of the site (highlighted in yellow on the site plan) is understood to have been rented by our client on an informal basis for nearly fifty years.
Terms: Freehold site for sale subject to the various leases / licences operating thereon. Vacant possession of the whole is possible on completion. The goodwill in the ongoing operational business is available by separate negotiation. Details in respect of the business are available upon request. We understand that the property is not elected to VAT.
Location:
The property is located on the west side of Sewardstone Road, a few metres to the south of the junction with Butlers Drive which is between Waltham Abbey and Chingford. The property is in the local authority of Epping Forest District Council.
Sewardstone Road A112 is a busy main road featuring an average of approximately 19,500 vehicle movements between Waltham Way A1037 and Lea Valley Road A110 on a daily basis.
The property benefits from excellent local amenities, with a good selection of shopping, eateries and leisure facilities in Waltham Abbey and Chingford, within 1.5 miles and 2.25 miles, respectively. The location offers exceptional access to open green spaces, being 0.75 miles south of Gunpowder Country Park.
The property has good connections via road and rail. The A112 (Sewardstone Road) provides direct access to the North Circular Road (A406) approximately 4 miles south, and is within 2.5 miles of both Junction 25 and 26 of the M25, connecting to the wider London and national road networks.
Chingford Station (London Overground) is within 2.25 miles of the property and provides services into Central London (Liverpool Street) within 30 minutes.
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