Langston Road, Loughton, Essex, IG10

MODERN GROUND FLOOR OFFICES
Approx - 1,837sq ft (170.84sq m)
Up to 10 car parking spaces available
Assignment of Sub- Lease / possible new Sub-Lease subject to covenant
Unit 5 Loughton Business Centre
Langston Road,
Loughton IG10 3FL

* Up to 10 parking spaces
* Under floor trunking
* Double glazed windows
* Sash window blinds
* 4 temperature control units
* Suspended Ceiling with concealed lighting
* Video Entryphone
* Coded door entry
* Carpet tiles

LOCATION:
Loughton Business Centre is located just off Langston Road which has fast become a go to destination for a wide range of services including Car Sales BMW/Mini, Mercedes & Volkswagen all represented. In addition, the increasingly popular Epping Forest Retail Park is situated opposite where retailers such as TK MAXX, Home Bargains, Next, Mountain Warehouse, Smyths, Aldi & Greggs amongst others can be found. The area benefits from the close proximity to Junction 5 of the M11 which is within a two-minute drive. Debden (Central Line) underground station is within a few minutes' walk.

ACCOMMODATION:
Comprising the ground floor of a modern 2-storey office building, totalling approx 1,837sq ft (170.84sq m), laid out to provide a mainly open plan office, save a private glazed office, server room, kitchen & 2 x WC's. The tenant will also have use of a disabled access WC located in the entrance lobby & car parking at the front of the property for up to 10 cars.

PASSING RENT:
£51,750pa, plus VAT, payable quarterly in advance.

LEASE:
The offices are to be made available either by way of Assignment of the existing sub-Lease from August 2019 for a term of 6 years or, subject to covenant, the Landlord might consider granting a new Sub-Lease for a term to be agreed, until August 2028, drawn outside the provisions of the Landlord & Tenant Act.

SERVICE CHARGE:
Included within the rent, save a separate charge for water waste, approx £725pa inc VAT.

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 legalities.

VIEWING:
Strictly by appointment through sole agents Bennett Phillips Luton | Contact Marc Luton at marc@ben


SERVICE CHARGE:
Included within the rent, save a separate charge for water waste, approx £725pa inc VAT.

POSSESSION:
Immediate upon completion of legalities.