261 High Road, Loughton, IG10 1AH

Location
The property is located within a popular parade on High Road, Loughton at the junction with Brooklyn Avenue and The Drive. Loughton is a popular commuter town within the Epping Forest area, 20 miles north-east of central London. Other occupiers within the parade include Pizza Express, Cook, HOB Salons, Space NK, and David Clulow Opticians. Morrison's supermarket, Boots, Santander, Starbucks, Costa Coffee, and Robert Dyas are all within the adjacent parades. Loughton benefits from excellent road communications being very close to the M25 Motorway (junction 27), M11 (junction 5), and the North Circular (A406) is approximately 6 miles south. Loughton tube station, which is on the Central Line, is approximately 0.5 miles from the property and provides a regular service into central London.

Please note all times and distances given are approximate only.

Description
A prominent ground-floor commercial unit with excellent return frontage. The property measures 939 square feet (87.25 square metres) and benefits from Class E planning consent. Subject to obtaining appropriate consents it would be suitable for alternative uses.

Please note that the sizes given have been provided by the VOA and are approximate only. All interested parties are advised to rely on their own inspection and survey.

Business Rates
2024 Ratable Value: £21,750
UBR (2024/25): 49.9p/£
Rates Payable: £10,853

These figures have been provided by the VOA. All interested parties are advised to make their own enquiries to confirm the accuracy of these figures with Epping Forest District Council business rates department.

Terms
The property is available with a new FRI lease at £35,000 per annum exclusive, with further terms to be agreed. All negotiations are strictly subject to contract.

VAT
The property has been elected for VAT and will be payable at the prevailing rate.