Recently refurbished 1^st floor offices in a sought-after location

 545 SQ FT (50.63 SQ M)

4 KING WILLIAM IV COTTAGES

110 HIGH ROAD

CHIGWELL

ESSEX IG7 6NT

Other Details

Accomodation

Comprising recently refurbished first floor offices, laid out to provide a reception area, with two large rooms, capable of accommodating 8 desks & a kitchenette. The offices are accessed from an entrance off the car park within which here are 2 demised spaces. WC facilities are on the ground floor which are shared with the ground floor tenant (Bairstow Eves).

Amenities

3 Temperature controlled units Carpet tiles Own kitchenette facilities Shared Male and Female WC's Parking for 2 cars Excellent Location Recently refurbished

Lease

A new FRI Lease is to be granted for a term to be agreed, subject to periodic upward only rent reviews.

Rent

£25,000pax, paid quarterly in advance. VAT is not applicable.

Rates

According to the Valuation Office Agency website www.voa.gov.uk website, the Rateable Value is £8,000. We believe the property will be exempt from business rates in the event the tenant qualifies for Business Rate Relief however, interested parties are advised to make their own enquiries to the Local Authority to verify whether they are entitled to full or part relief.

Legal Costs

The ingoing tenant is to be responsible for the Landlord's reasonable legal fees borne in this transaction. 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

Immediate upon completion of legal formalities

Viewing

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