Oakwood Hill Industrial Estate, Oakwood Hill, Loughton, Essex, IG10
£18.00 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,641 sq ft
245 sq m
- SECTOR
Office to lease
- USE CLASSUse class orders: B1 Business and Class E
B1, E
Lease details
- Lease available date:
- Ask agent
- Lease type:
- Long term
- Furnish type:
- Unfurnished
Key features
- * 4 Car parking spaces
- * Short walk to Debden Central Line Station
- * 9 temperature control units
- * GCH
- * Dedicated kitchen facilities
- * Window blinds
- * Mix of private & open plan offices
Description
The property is located within the Oakwood Hill Industrial Development which is at the junction of Oakwood Hill and Chigwell Lane and within approximately a 5-minute walk from Debden Underground Station (Central Line). Numerous bus routes pass the property on a regular basis and access to the M11 Motorway is within a couple of minutes' drive. The immediate area also benefits from having excellent shopping facilities being within a few minutes' walk of Epping Forest Retail Park where occupiers include TK MAXX, Card Factory, Next, Greggs, Home Bargains, Mountain Warehouse, Smyths & ALDI.
Accommodation.
Comprising part of the ground floor within a modern two-storey office building. The suite in question totals approx 2,641sq ft (245.35m sq) & is laid out to provide a large open plan area, with 3 glazed offices and a further 3 storerooms. The space has been divided using demountable partitions which can be adapted to suit a tenant's layout. The suite has its own kitchen facilities & shared use of M/F WC's. Four car parking spaces are to be allocated.
Lease.
A new Full Repairing and Insuring Lease is to be made available for a term of up to 10 years & subject to an upward only rent review. The Lease is to be drawn outside the provisions of the Landlord & Tenant Act.
Rent.
£47,550pax payable quarterly in advance. VAT is not applicable.
Service Charge.
The suite is subject to an annual service charge which is invoiced quarterly. The amount payable for the current financial year is £12,000pa (£4.55psf). Electric & Gas are included, although subject to fluctuation in the event the cost of either or both utilities are increased.
Business Rates.
Rateable Value: £33,000.00
Rates Payable: 2023/2024: £16,467 per annum
* Each car parking spaces will be liable for Business Rates which are charged at c. £250pa.
Legal Costs.
Each party are to be responsible for their own legal costs.
Possession.
Immediate upon completion of legal formalities.
Viewing.
Strictly by appointment through sole agents Bennett Phillips Luton | Contact Marc Luton at
Brochures
Oakwood Hill Industrial Estate, Oakwood Hill, Loughton, Essex, IG10
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Debden Station0.3 miles
- Loughton Station1.0 miles
- Chigwell Station1.7 miles
About Bennett Phillips Luton, Essex
Fourth Floor Islandbridge House 188 High Road, Loughton, Essex, IG10 1DN
The commercial agency department provides a comprehensive service to commercial and industrial property owners and occupiers throughout East / Northeast London and Essex. Whether freehold or leasehold, we are active in the disposal of a wide range of property including retail premises, from lock up shops to large showrooms, Offices from small suites to corporate headquarters, light industrial, manufacturing or warehouse/distribution and land for Residential/commercial development or design an
Notes
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