Self-contained 1st floor offices used as a Beautician since 2015

TO LET

•             Self-contained 1^st floor offices, most recently used as a Beautician

•             Dedicated access off the High Street

•             Good Natural Light

•             Laminate wood flooring

•             Track lighting

Other Details

Accomodation

Comprising self-contained 1st floor office premises having a nett usable floor area is approx 708sq ft (65.84m sq). (The space is laid out to provide 3 rooms which are accessed off one another & has separate kitchen / staffroom / storage & WC facilities. The property benefits from having good natural light & its own entrance directly off the High Street with dedicated signage. PLANNING: Should a tenant wish to use the property as a Beautician, we recommend they make their own enquiries to Epping Forest Council to verify whether the necessary planning permission has been obtained.

Amenities

• Self-contained 1st floor offices, most recently used as a Beautician • Dedicated access off the High Street • Good Natural Light • Laminate wood flooring • Track lighting

Lease

LEASE: A new FRI Lease is to be granted for a term to be agreed subject to periodic upward only rent reviews. The Lease is to be drawn outside the provisions of the Landlord & Tenant Act 1954.

Rent

£15,000pax paid quarterly in advance.

Rates

According to the VOA website the current Rateable Value is £8,200. Subject to a tenant qualifying for rate relief this would suggest that Business Rates aren’t payable until 31st March 2022 at the earliest. Prospective tenants are however recommended to make their own enquires to the Local Authority to verify

Legal Costs

Both parties legal costs are to be met by the ingoing tenant. 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

From 1st October 2021 unless by prior agreement with the existing tenant, who’s Lease expires on 28th September 2021.

Viewing

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