38k Chigwell Lane, Loughton

Location Details.
Situated on the west side of Chigwell Lane (A1168) on the opposite side of the road to Debden Station. The unit is approximately ¼ mile from the M11 (Junction 5-southbound only) and approximately 4 miles from the M25 (Junction 26). Debden Station is on the Central Line, and this provides a regular commuter service to and from London. Debden Broadway comprises a variety of independent and multiple traders and the Epping Forest Retail Park in Langston Road is home to many established brands such as Aldi, Next and TK Maxx.

Accommodation.
Comprising a predominantly open-plan first floor office totalling 1,121 sq. ft (104 sq.m). Kitchen facilities included. Male & female toilet facilities included.
1 parking space is included in the rent with a further 2 spaces charged at an additional £1,500 + vat per annum per space. All measurements quoted are approximate only.

Lease.
Available by way of assignment of our clients' unexpired 5-year term which commenced on 28th May 2025 expiring on 27th May 2030, subject to a mutual break in May 2028.

Passing Rent.
£22,500 exclusive. VAT is applicable.

Service Charge.
Approximately £2000 plus VAT per annum. Further details on request.

Business Rates.
Interested parties are advised to make their own enquiries to Epping Forest District Council - Business Rates Department.

EPC.
The premises have an Energy Performance Certificate rating of C.

Legal Costs.
To be met by the ingoing tenant.

Administrative Fee.
Upon terms being agreed and prior to Solicitor 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