Ground Floor Retail Unit with Basement Storage

To Let

Ground - 1228sq.ft (114m2) Basement - 330sq.ft (31m2)

185a -187 High Road Loughton

IG10 4LF

Other Details

Accomodation

Comprising a soon to be merged retail / Office / Showroom unit with basement storage. See Artist impression for possible frontage appearance. The accommodation will provide mainly open plan space, with the benefit of WC and Kitchen facilities. Ground - 1228sq.ft (114m2) Basement - 330sq.ft (31m2 The Landlord will also consider a simultaneous letting of the upper floor offices, which will provide a further circa 1200sq.ft (112m2) at an additional rent of £16,000 per annum exclusive. Therefore, a total floor area of circa 2,755sq.ft (256m2) could be offered, should an applicant require a multi-floor building.

Amenities

• NEWLY FORMED RETAIL UNIT • UPPER FLOOR OFFICE SPACE ALSO AVAILABLE • HIGHLY VISABLE LOCATION • CLOSE TO UNDERGROUND

Lease

A new Full Repairing and Insuring Lease is to be made available for a term to be agreed.

Rent

£42,000 per annum paid quarterly in advance. VAT will be applicable

Rates

To be Re-Assessed.

Legal Costs

Each party are to be responsible for their own 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.

Possession

Immediate upon completion of legal formalities.

Viewing

Strictly by prior appointment