185-187 High Road

Loughton, IG10 4LF

£42,000 /per annum

Shops Available

Description

Ground Floor Retail Unit with Basement Storage
To Let
Ground - 1228sq.ft (114m2) Basement - 330sq.ft (31m2)

Accommodation

Comprising a soon to be merged retail / Office / Showroom unit with basement storage. See Artist impression for possible frontage appearance. The accommodation will provide mainly open plan space, with the benefit of WC and Kitchen facilities.

The Landlord will also consider a simultaneous letting of the upper floor offices, which will provide a further circa 1200sq.ft (112m2) at an additional rent of £16,000 per annum exclusive. Therefore, a total floor area of circa 2,755sq.ft (256m2) could be offered, should an applicant require a multi-floor building.

Ground	1,228 sq ft (114.08 sq m)
Basement	330 sq ft (30.66 sq m)
Total	1,558 sq ft (144.74 sq m)

Features

NEWLY FORMED RETAIL UNIT
UPPER FLOOR OFFICE SPACE ALSO AVAILABLE
HIGHLY VISABLE LOCATION
CLOSE TO UNDERGROUND

Particulars

Lease

A new Full Repairing and Insuring Lease is to be made available for a term to be agreed.

Business Rates.

To be Re-Assessed.

Legal Costs

Each party are to be responsible for their own legal costs.

Administative 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

Immediate upon completion of legal formalities.

Viewing

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

Rent

£42,000 per annum paid quarterly in advance. VAT will be applicable

Location

The property is situated towards the Southern end of the High Road, in the section most commonly occupied by longstanding local occupiers who include the likes of Forest Casual & Schoolwear, The Bookshop, Essex Sewing Room and Whitneys Carpets. National occupiers represented close by include M & S Simply Food, Sainsbury’s, Nando’s & Majestic Wine. Loughton (Central Line) underground station is within a short walk. Junction 5 of the (M11) is within a 5-minute drive & provides access to the (M25) at junction 6 to the North & the (A12, A13 & A406) to the South.

What's nearby

Loughton (Central Line) Underground Station