Unit 3, Loughton Business Park, Langston Road

Loughton, IG10 3FL

£1,250,000

Description

Modern two-storey self-contained office building
Approximately 3,350sq ft (311.55m sq)
FOR SALE/TO LET

Accommodation

Comprising a modern two storey self-contained office building totalling approx 3,350sq ft (311.55m sq). Whilst originally built to provide open plan space, both floors have subsequently been modified by tenants & now provide a mix of both private offices as well as larger open plan areas. The building is served by an 8 person passenger lift & there are WC facilities on both floors in addition to a disabled access WC located off the ground floor lobby. Kitchen facilities are provided on the 1st floor. Externally the building benefits from having 5 car parking spaces.

Total 3,350 sq ft (311.23 sq m)

Features

  • Well-presented modern office space
  • 8 Person Passenger Lift
  • Temperature controlled units throughout
  • Entry phone
  • Good quality partitioned offices
  • Suspended Ceiling with concealed lighting
  • Excellent natural light
  • Carpeted
  • 5 Demised car parking bays
  • Within close proximity of Junction 5 (M11)
  • Short walk of Debden (Central Line) Underground Station

Particulars

Freehold

The property is available by way of a Freehold sale at a price of £1,250,000 plus VAT.

ALTERNATIVELY

LEASE:
A new FRI Lease is can be made available for a term to be agreed subject to periodic upward only Rent Reviews.

Rent

£73,000pax paid quarterly in advance. VAT is applicable at the prevailing rate.

Service Charge

A Service Charge is applicable, further details upon request.

Business Rates

Rateable Value 2025/2026 - £73,500
Rates Payable 2025/2026 - £35,280 per annum

This is an approximate figure and interested parties are advised to speak to Epping Forest District Council to confirm the rates payable.

Legal Costs

Each party are to be responsible for their own legal fees borne in this transaction.

Administrative Fee

Upon terms being agreed and prior to Solicitor’s 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

By December 2026.

Viewing

Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000 Contact Taylor Phillips at taylor@bennettphillips.com or
Simon Phillips at simon.phillips@bennettphillips.com

EPC

A⁺ A B C D E F G C

Energy efficiency rating C

Location

Loughton Business Centre is located just off Langston Road which has fast become a go to destination for a wide range of services including Car Sales BMW/Mini, Mercedes & Volkswagen all represented. In addition the increasingly popular Epping Forest Retail Park is situated opposite where retailers such as TK MAXX, Home Bargains, Next, Mountain Warehouse, Smyths, Aldi & Greggs amongst others can be found. The area benefits from the close proximity to Junction 5 of the M11 which is within a two minute drive. Debden
(Central Line) underground station is within a few minutes walk.