Langston Road, Loughton, Essex, IG10

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 two storey self-contained office building which is accessed from a shared lobby. The space is currently laid out to provide 2 good size offices, one very large office, a reception, further office, storage, WC / shower room & a kitchen. The partitions are of high quality & are glazed with built is privacy blinds. Disabled accessed WC facilities are located in the lobby area. The total ground floor area extends to approx. 2,510sq ft (233.43m sq). There are 6 car parking bays with the ability to accommodate up to 10 vehicles.

LEASE:
A new FRI Lease is to be made available for a term to be agreed subject to periodic upward only rent reviews. The Lease will be drawn outside the provision of the Landlord & Tenant Act.

RENT:
£62,750 pax paid quarterly in advance. The rent will be subject to VAT at the prevailing rate.

RATES:
2025/2026 Rateable Value: £40,750
2025/2026 Rates Payable: £20,334.25 per annum


SERVICE CHARGES:
Estate Service Charge - £450 per annum plus VAT at the prevailing rate.

Internal service charge - The ground floor tenant is to contribute £6.70psf = c. £16,817pa (for the current financial year). This includes, but is not necessarily limited to electric, building insurance, cleaning of the common areas, security, window cleaning, L F B inspection, water rates & general maintenance. A breakdown of the service charge is available on request.

LEGAL COSTS:
Each party are to be responsible for their own legal costs borne in this transaction.

POSSESSION:
Immediate upon completion of legal formalities.