Description

The property comprises approximately 18,209 sq ft (1,691.6 sq m) of office accommodation arranged over ground and first floors, set within a site extending to approximately 2.27 acres (0.92 ha).

The building benefits from vacant possession, providing an immediate opportunity for refurbishment or redevelopment.

Harlow

Harlow is an established commercial town located on the Essex–Hertfordshire border and forms one of the fastest‑growing
centres within the London–Stansted–Cambridge M11 corridor.

— 13 miles south‑west of London Stansted Airport
— 27 miles north‑east of Central London
— 38 miles south of Cambridge

The town occupies a strategic position on the M11 corridor, offering access to a large and skilled workforce. A population of approximately 3.3 million people live within a one‑hour commute of Harlow, with this catchment forecast to increase materially over the coming years.

Harlow benefits from excellent transport connectivity by road, rail and air and is well positioned within the London–Stansted–
Cambridge growth corridor.

— 5 miles north‑west of the M11 (Junction 7) via the A414
— 8 miles north of the M25 (Junction 27) via the M11

Harlow Council, working in conjunction with Essex County Council and National Highways, has delivered a new motorway junction on the M11 to the north‑east of the town (Junction 7a), which opened in June 2022 significantly enhancing regional and national accessibility.

Alternative Use Potential

The site presents an immediate opportunity to explore industrial or IOS redevelopment, subject to planning, as shown on the following indicative options:

OPTION 1: MULTI-LET INDUSTRIAL
A 4 unit MLI scheme totalling 42,845 sq ft with unit sizes ranging from 8,568 sq ft to 14,675 sq ft.

OPTION 2: MID-BOX
A single mid-box industrial unit extending to 35,121 sq ft.

OPTION 3: IOS
An IOS site extending to 2.27 acres.

Planning

The Harlow Local Development Plan, adopted December 2020, looks to protect existing employment land within Harlow Business Park and the wider Pinnacles Employment Area under Policy ED2. The policy looks to resist the loss of existing commercial uses and looks to support redevelopment for E(g)/B2/B8 uses.

It should be noted part of the Site falls within an Article 4 designation which removes permitted development rights for conversion of offices to residential

Industrial Market Commentary

The National and Local market continues to be supportive of commercial sites suitable for redevelopment for industrial use.

The UK industrial market continues to benefit from strong underlying fundamentals, driven by sustained occupier demand, limited availability and a preference among investors for resilient, income‑producing assets. Well‑located industrial properties have proven particularly attractive due to their flexibility, depth of demand and potential to capture rental growth.

Industrial Occupational Market

The local and regional industrial market is characterised by a depth of occupier demand across both refurbished and newly developed
accommodation. Leasing activity demonstrates continued momentum, supported by constrained supply and positive rental tone.

Recent comparable evidence highlights demand from a broad range of occupiers, reinforcing confidence in the area’s ability to absorb additional industrial stock.

AML

In Accordance with Anti Money Laundering Regulations the purchaser will be required to satisfy the relevant checks prior to exchange
of contracts.

Tenure

Freehold

EPC

B40

Pricing

In Accordance with Anti Money Laundering Regulations the purchaser will be required to satisfy the relevant checks prior to exchange
of contracts.