Shops,Loughton,IG10 3TQ,A3 , Let
2062 sq ft ( 191.5598 sq m)
Size: 2062Sq ft | Property Type: Shops Tenure: Leasehold | Area: Loughton | Postcode: IG10 3TQ
Bennett Phillips Luton
199a High Road
Loughton
Essex
IG10 4LF
EXTENSIVE CAFE PREMISES
TO LET
c. 90 covers
Extensive modern aluminium shop front
Tiled floor
Temperature control units
Potential to draw on significant trade from within Sterling House (approx 50 tenants) & other Estates & business in the immediate vicinity
Comprising substantial premises with significant frontage located on ground floor level within Stirling House, which has traded as a café for a number of years. The premises can accommodate up to approx 90 covers & is currently laid-out in clear space with the addition of a prep area, storeroom & well fitted m/f WC facilities. It should be noted that the property will be handed over without any equipment or furniture unless otherwise.advised. Approx floor area’s & dimensions are as follows: GF 49’ 0’’ (14.93m) SD 42’ 6’’ (12 95m) SW 46’ 6’’ (14.19m) Sales area 1,875sq ft (174.37 sq m) Prep area 85sq ft (7.9 sq m) Storage 102sq ft (9.48 sq m) Total 2,062sq ft (191.76 sq m)
• c. 90 covers • Extensive modern aluminium shop front • Tiled floor • Temperature control units • Potential to draw on significant trade from within Sterling House & other Estates & business in the immediate vicinity
A new effectively FRI Lease is to be made available for a term to be agreed subject to periodic upward only rent reviews.
£37,500pax plus VAT, paid quarterly in advance. SERVICE CHARGE: £5psf plus VAT.
Rateable Value 2022/2023 - £11,334.00 Rates Payable 2022/2023 - £5,803.00 per annum Retail & Leisure premises - From 01/04/22 until 31/03/23 at the earliest, a tenant’s rates liability will be based on paying half of the annual rates payable. Whilst this information is provided in good faith, prospective tenants are advised to make their own enquiries.
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.
Immediate upon completion of legal formalities.
Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton at marc@bennettphillips.com
The Government has today released the proposed changes to the Use Classes Order which relates to land within England onl..
More