5, Centric Parade, 200 High Road, Loughton, Essex IG10 1DN

LOCATION:
The property is situated centrally within the High Road, close to numerous national occupiers who include, The Works, Clarks, Superdrug, Vodaphone, Card Factory, Spec Savers, Wenzels & Magnet. The Town’s retail offering is able to draw on customer base from the equally affluent adjoining catchments of Buckhurst Hill & Chigwell. Loughton (Central Line) underground station is within a 5-minute walk, with access to the national & local road network afforded via junction 5 of the M11 which is within a 5 minute drive of the High Road.

ACCOMMODATION:
The property comprises predominantly open-plan sales accommodation, with ancillary office and storage areas to the rear. The unit is well fitted, incorporating a suspended ceiling and laminate flooring. The premises benefit from ceiling-mounted air conditioning units (untested). Externally, the property benefits from rear access.

Sales Area: 2,122.85 sq.ft (197.22 m2)
Ancillary: 446.06 sq.ft (41.44 m2)
Storage 1: 325.39 sq.ft (30.23 m2)
Storage 2: 121.85 sq.ft (11.32 m2)
1st Floor Storage: 3,089.67 sq.ft (287.04 m2)
Overall Total: 6,105.82 sq.ft (567.25 m2)

Dimensions: (m)
Net Frontage 5.79
Shop Depth 32.09
Shop Width 6.08

LEASE:
A New Effective FRI Lease is to be made available for a term to be agreed subject to periodic upward only rent reviews.

RENT:
£75,000 per annum exclusive. VAT is applicable.

SERVICE CHARGE:
£6,198.75 per annum to be paid quarterly

EPC RATING:
D (79)

BUSINESS RATES:
Rateable Value 2026-2027: £49,500
Rates Payable 2026-2027: £21,384 per annum

LEGAL COSTS:
The ingoing tenant is to be responsible for the Landlord's reasonable legal fees in connection with obtaining consent to the grant of the sub-lease.

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.

POSSESSION:
Immediate upon completion of legal formalities.

VIEWING:
Strictly by appointment through agents Bennett Phillips Luton | Contact Simon Phillips at Simon.