Oakwood Hill Industrial Estate, Loughton, Essex

LOCATION:
The unit is situated on the established Oakwood Hill Industrial Estate, being positioned just off of Chigwell Lane (A1168) and in close proximity to major local employers such as Brown’s Engineering and Neopost. The regional headquarters of Kier (London) and the Higgins Group are close by as are BMW, Mercedes and Volkswagen dealerships. Oakwood Hill provides access to London via the M11 J5. From there, there are direct connections to the A406, A12 and A13; as well as J26 of the M25. Debden (Central Line) station is within easy walking distance of the property from where there are regular tube services to Central London (Oxford Circus approximately 30 minutes).

ACCOMMODATION:
Comprising a single story (plus mezzanine) light industrial/business unit set within a terrace of similar units. The unit provides mainly open plan ground floor storage / workshop space, with WC and Kitchen facilities, together with a mezzanine office / storage area. Loading doors provide access from a shared loading / parking area, with 2 allocated car spaces available with the unit. The Unit has the following internal floor areas: -
Ground floor: 118m2 (1270sq.ft)
Mezzanine: 52m2 (560 sq. ft)

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 is to be granted outside the provisions of the Landlord & Tenant Act. Any new lease granted, will be subject to a mutual break every 3 years.


RENT:
£25,000 per annum exclusive, payable quarterly in advance. VAT is not applicable although the Landlord will have the right to elect for VAT at a later date.

SERVICE CHARGE:
Service charges will apply at a rate of approx. £1.13 per sq. ft (variable).

BUSINESS RATES
Rateable Value: £27,500
Rates Payable: 2026/2027 £11,880 per annum

LEGAL COSTS:
Both parties legal costs are to be borne by the ingoing tenant.

POSSESSION:
Immediate upon completion of legal formalities.