Industrial Space,Loughton,IG10 3FL,B8
971 sq ft ( 90.2059 sq m)
Size: 971Sq ft | Property Type: Industrial Space Tenure: Leasehold | Area: Loughton | Postcode: IG10 3FL
Bennett Phillips Luton
199a High Road
Loughton
Essex
IG10 4LF
Modern Ground floor storage / warehouse unit
(Approx 971sq ft – 90.17m sq)
Comprising the ground floor only of a modern s/c 2 storey mixed use storage & office building. The available ground floor area is laid out in clear space approx - 5.39m wide x 16.73m deep & totals c. 971sq ft (90.17m sq). The unit benefits from having shared use of a WC / shower room & kitchen. The building is in excellent condition throughout & the space in question comes with 1 parking space.
• Full height (3m) electric shutter • 3-phase power supply • Alarm • Water supply into the warehouse • 1 parking space • 4.1m min floor to ceiling height • Shared use of WC/Shower & kitchen facilities
A new FRI Lease is to be made available for a term to be agreed subject to periodic upward only rent reviews, drawn outside the provisions of the Landlord & Tenant Act.
£19,500pa plus VAT, paid quarterly in advance, inclusive of service charges & utilities.
The ingoing tenant will be responsible for payment of Business Rates directly to EFDC. We understand the RV for the current year (2025/2026) is £12,000 meaning there are potentially no rates payable for qualifying tenants however, interested parties are encouraged to make their own enquiries.
The ingoing tenant is to make a contribution towards the Landlords reasonable legal costs. 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.
The unit is currently subject to a Lease which expires in May 2025 however, vacant possession could be made available earlier by arrangement.
Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton at marc@bennettphillips.com
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