PROMINENT HIGH STREET SHOP PREMISES

TO LET

285 HIGH ROAD, LOUGHTON IG10 1AH

Other Details

Accomodation

Comprising a ground floor lock up shop, currently occupied by a women's clothing store. When the current tenant took on the premises, they carried out extensive refurbishment works to improve the aesthetics and functionality of the shop. The property would be suitable for a variety of users and the accommodation comprises the following: Sales area (including fitting rooms & storage): 1,189 sq. ft (110.41 sq. m). Kitchenette & toilet facilities

Amenities

Ground floor lock-up shop Approx 1,250 sq ft High Road location Suitable for a variety of users Substantial fixtures & fittings can be made available

Lease

A new Effective FRI Lease is to be made available for a term to be agreed subject to periodic upward only rent reviews.

Rent

£37,000 pax paid quarterly in advance. VAT is applicable. The outgoing tenant is seeking a premium to reflect the substantial improvements they have made to the premises, and further details are available upon request.

Rates

Business Rates: Rateable Value: £26,250 Rates Payable: 2026/2027 - £10,027.50per annum

Legal Costs

Each party are to be responsible for their own costs incurred. Upon terms being agreed and prior to Solicitor 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

Viewing

Strictly by prior appointment through sole agents Bennett Phillips - 020 8501 3000 contact: Taylor Phillips at Taylor@bennettphillips.com