170 HIGH ROAD LOUGHTON

Shops,Loughton,IG10 4DN,A1 , Let

Commercial information:

372 sq ft ( 34.5588 sq m)

Rent : £13,500.00 / Annum

Key features

Size: 372Sq ft | Property Type: Shops
Tenure: Leasehold | Area: Loughton | Postcode: IG10 4DN

Location

The property is located on Cuthbert Alley which is a cut through between High Road and Forest Road. There are numerous multiple occupiers located on the High Road who include Wimpy, Halifax, Barclays, Clarks, W H Smiths, Magnet Kitchens, Superdrug, M&Co and Zee & Co. Retailers have historically drawn on trade generated by residents in the surrounding affluent catchment areas of Loughton, Buckhurst Hill and Chigwell. Loughton (Central Line) Underground Station is within a five minute walk of the property.

Contact Details

Bennett Phillips Luton

199a High Road
Loughton
Essex
IG10 4LF


Tel : 020 8501 3000
Phone : 020 8501 3000
Fax : 020 8500 5008

Comprising a well presented retail premises laid out to provide a sales area with nominal storage. WC & kitchenette facilities are provided.  Approximate floor areas and dimensions are as follows:

 

Gross Frontage:

 

20 ft 0 ins

(6.09 m)

Shop Depth:

 

16 ft 9 ins

(5.10 m)

Shop Width:

 

22 ft 3 ins (ave)

(6.78 m)

Sales Area

 

372sq ft

(34.59 m2)

Storage

 

72sq ft

(6.68 m2)

Other Details


Accomodation

LOCK UP SHOP WITH (A1/A2) USES - OTHER USES SUBJECT TO PLANNING

Amenities

* Inset spots. *Tiled floor *Electric shutter *CCTV and alarm (not tested) *(A1/A2) Use – other uses subject to planning

Lease

Our Client is looking to assign the residue of her existing FRI Lease which expires in January 2018. Alternatively a new Full Repairing and Insuring Lease will be made available directly from the Landlord for a term to be agreed, subject to covenant.

Rent

A passing rent of £13,500 pax payable quarterly in advance.

Rates

We are verbally advised by the Local Authority that the entire premises have been assessed for business rates as follows:- Rateable Value: £15,500 Rates Payable: (2017/2018) £7,424.50 per annum.

Legal Costs

The ingoing tenant to be responsible for both parties reasonable legal costs.

Possession

Immediate upon completion of legal formalities.

Viewing

Strictly by appointment through sole agents Bennett Phillips Luton - 0208 501 3000.


Latest News

RICS Logo
The RICS Client Money Handling Procedure
RICS Logo
The RICS Client Money Protection Scheme
RICS Logo
The RICS Client Money Protection Certificate