Description
PART FITTED RESTAURANT / RETAIL PREMISES (Class E Use)
3,186 sq ft( 296 sq. m)
Loughton, IG10 1DN
£50,000 /per annum
PART FITTED RESTAURANT / RETAIL PREMISES (Class E Use)
3,186 sq ft( 296 sq. m)
Shop front premises (Class E Use), which most recently traded as a restaurant & is currently fit-out as such. The unit provides a large customer seating area, with provision to seat approx 90 covers, open kitchen, additional mezzanine seating, rear ancillary storage, walk-in fridge / freezer, secure storeroom, 5 x WC’s & rear access for loading & deliveries. In addition, there is mezzanine storage to the rear of the shop, incorporating a manager’s office & externally at the front, there is an area which can be used for additional customer seating for c. 20 covers (subject to pavement licence).
| Ground Floor | 2,376 sq ft (220.74 sq m) |
|---|---|
| Mezzanine Seating | 250 sq ft (23.23 sq m) |
| Mezzanine Storage/Office | 560 sq ft (52.03 sq m) |
| Total | 3,186 sq ft (295.99 sq m) |
These floor areas are approximate and have been measured on a Net Internal Area (NIA) basis.
A New Effective FRI Lease is to be made available for a term to be agreed subject to periodic upward only rent reviews.
Rent - £50,000 per annum exclusive. VAT is applicable.
Service Charge - 2,578.33 per annum to be paid quarterly.
Rateable Value 2026/2027 - £45,500
Each party are to be responsible for their own legal costs borne in this transaction.
Immediate upon completion of legal formalities.
Sictly by appointment through agents Bennett Phillips Luton | 0208 501 3000 Contact Taylor Phillips@bennettphillips.com
Energy efficiency rating C
The property is situated centrally within the High Road, close to numerous national occupiers who include, The Works, Clarks, TJ Jones, Superdrug, Vodaphone, Card Factory, Spec Savers, Wenzels & Magnet. The Town’s retail offering is able to draw on customer base from the equally affluent adjoining catchments of Buckhurst Hill & Chigwell. Loughton (Central Line) underground station is within a 5-minute walk, with access to the national & local road network afforded via junction 5 of the M11 which is within a 5 minute drive of the High Road.