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Commercial unit to let in Loughton

Forest Road, Loughton, Essex, IG10 1EQ | Ref: 5288
To rent
£30,000 p.a.

COMMON USE CLASS: B1 Business

clarke-hillyer
This property is marketed by:
Clarke Hillyer

To let

  • ** VIEWINGS BY APPOINTMENT ONLY**
  • Ground floor commercial premises of approx 1,426 sq. ft suitable for a variety of uses
  • Includes forecourt parking

** COMMERCIAL UNIT TO LET - SUITABLE FOR A VARIETY OF USES ** - Situated on Forest Road, a predominantly residential area, which is located off the High Road, the main shopping area in Loughton. Comprising a ground floor commercial unit which has been occupied by a tiling company for many years. The property has a total area of approximately 1,426 sq. ft (132.6 sq. m) and benefits from a workshop/store, a showroom, 2 offices, 2 toilets, a kitchenette and forecourt parking.

Location

Situated on Forest Road, a predominantly residential area, which is located off the High Road, the main shopping area in Loughton. The Central Line Underground station at Loughton provides a regular commuter service to and from London and access to the motorway network is via Junction 26 of the M25 at Waltham Abbey or Junction 5 of the M11 at Debden (southbound only).

Description

Comprising a ground floor commercial unit which has been occupied by a tiling company for many years. The property benefits from a workshop/store, a showroom, 2 offices, 2 toilets, a kitchenette and forecourt parking. The premises would be suitable for a variety of businesses and are more particularly described as follows:

Workshop/storage: 644 sq. ft (59.9 sq. m).

Showroom: 331 sq. ft (30.8 sq. m).

Office 1: 127 sq. ft (11.8 sq. m).

Office 2: 270 sq. ft (25.1 sq. m).

Kitchenette/w/c: 54 sq. ft (5 sq. m).

Total: 1,426 sq. ft (132.6 sq. m).

Forecourt parking included.

All measurements quoted are approximate only.

Terms

The premises are available on a new full repairing and insuring lease, on terms to be agreed, at a rent of £35,000 plus VAT per annum. The lease would be excluded from the Landlord and Tenant Act 1954.


Business Rates

Epping Forest District Council have informed us of the following:


2017 Rateable Value: £12,500

2022-23 UBR: 0.499 P/£

2022-23 Rates Payable: £6,237.50


Interested parties may benefit from Small Business Relief and are advised to verify current rate liability with the Local Authority.


Legal Costs

To be paid by the ingoing tenant.


EPC

An Energy Performance Certificate has been ordered and will be available in due course.


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