3 Centric Parade

Shops,Loughton,IG10 31DN,A1,A3

Commercial information:

3186 sq ft ( 295.9794 sq m)

Rent : £50,000.00 / Annum

Key features

Size: 3186Sq ft | Property Type: Shops
Tenure: Leasehold | Area: Loughton | Postcode: IG10 31DN

Location

The property is situated centrally within the High Road, close to numerous national occupiers who include, The Works, Clarks, TJ Jones, Superdrug, Vodaphone, Card Factory, Spec Savers, Wenzels & Magnet. The Town’s retail offering is able to draw on customer base from the equally affluent adjoining catchments of Buckhurst Hill & Chigwell. Loughton (Central Line) underground station is within a 5-minute walk, with access to the national & local road network afforded via junction 5 of the M11 which is within a 5 minute drive of the High Road.

Contact Details

Bennett Phillips Luton

199a High Road
Loughton
Essex
IG10 4LF


Tel : 020 8501 3000
Phone : 020 8501 3000
Fax : 020 8500 5008

PART FITTED RESTAURANT / RETAIL PREMISES (Class E Use)
 
3,186 sq ft( 296 sq. m)
3,186 sq ft( 296 sq. m)PART FITTED RESTAURANT / RETAIL PREMISES (Class E Use)
3,186 sq ft( 296 sq. m)
3,186 sq ft( 296 sq. m)PART FITTED RESTAURANT / RETAIL PREMISES (Class E Use)
3,186 sq ft( 296 sq. m)PART FITTED RESTAURANT / RETAIL PREMISES (Class E Use)
3,186 sq ft( 296 sq. m)

Other Details


Accomodation

Shop front premises (Class E Use), which most recently traded as a restaurant & is currently fit-out as such. The unit provides a large customer seating area, with provision to seat approx 90 covers, open kitchen, additional mezzanine seating, rear ancillary storage, walk-in fridge / freezer, secure storeroom, 5 x WC’s & rear access for loading & deliveries. In addition, there is mezzanine storage to the rear of the shop, incorporating a manager’s office & externally at the front, there is an area which can be used for additional customer seating for c. 20 covers. The following areas are approximate and have been measured on a Net Internal Area (NIA) basis: Ground floor: 2,376 sq. ft (220.72 sq. m) Mezzanine seating: Mezzanine storage/office: 560 sq. ft (52.05 sq. m) Total: 3,186 sq. ft (296 sq. m)

Amenities

• Parquet flooring • Double height aspect ceiling • Fully glazed frontage • Rear loading • Fitted kitchen • High Road Location • External seating area for circa 20 covers • Infrared ceiling mounted heating • Fan operated cooling system • Live music Licence until 10pm 7 days a week

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

£50,000 per annum exclusive. VAT is applicable. SERVICE CHARGE: A service charge is applicable, further details on request

Rates

Rateable Value 2026/2027 - £45,500 EPC: An EPC has been commissioned at Band C

Legal Costs

The ingoing tenant is to be responsible for the Landlord's reasonable legal fees in connection with obtaining consent to the grant of the sub-lease.

Possession

Immediate upon completion of legal formalities.

Viewing

Strictly by appointment through agents Bennett Phillips Luton | 0208 501 3000 Contact Taylor Phillips@bennettphillips.com


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