1st Floor Office Space, 38k Chigwell Lane

Loughton, IG10 3NY

£22,500 /per annum

Description

1ST FLOOR OFFICE SPACE Approx 1,121 sq. ft

LEASE TO ASSIGN

Accommodation

Comprising a predominantly open-plan first floor office totalling 1,121 sq. ft (104 sq.m). Kitchen facilities included. Male & female toilet facilities included. 3 parking spaces are included in the rent with a further 2 spaces charged at an additional £1,500 + vat per annum per space. 

Total 1,121 sq ft (104.14 sq m)

All measurements quoted are approximate only.

Features

  • Parking included
  • Suitable for a variety of uses
  • Close to Tube Station
  • Additional car spaces available by negotiation

Particulars

LEASE

Available by way of assignment of our clients' unexpired 5-year term which commenced on 28th May 2025 expiring on 27th May 2030,
subject to a mutual break in May 2028.

PASSING RENT

£22,500 exclusive. VAT is applicable.

SERVICE CHARGE

Approximately £2000 plus VAT per annum. Further details on request.

BUSINESS RATES

Interested parties are advised to make their own enquiries to Epping Forest District Council - Business Rates Department.

EPC

The premises have an Energy Performance Certificate rating of C.

LEGALS COSTS

To be met by the ingoing tenant

ADMINISTRATIVE FEE

Upon terms being agreed and prior to Solicitor being instructed, the prospective tenant or purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips Luton. This fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.

POSSESSION

Upon completion of legal formalities

VIEWING

Strictly by prior appointment through sole agents Bennett Phillips - 020 8501 3000 contact: Taylor Phillips at taylor@bennettphillips.com

Location

Situated on the west side of Chigwell Lane (A1168) on the opposite side of the road to Debden Station. The unit is approximately ¼ mile from the M11 (Junction 5-southbound only) and approximately 4 miles from the M25 (Junction 26). Debden Station is on the Central Line, and this provides a regular commuter service to and from London. Debden Broadway comprises a variety of independent and multiple traders and the Epping Forest Retail Park in Langston Road is home to many established brands such as Aldi, Next and TK Maxx.