High Road, Loughton, Essex

LOCATION DETAILS:
The property is located in a prime location in High Road Loughton. Nearby operators include, Cafe Nero, Vodaphone, Superdrug, TG Jones, Costa Coffee and Robert Dyas. Loughton tube line station (Central Line) is within a short walk, and the motorway network is accessed nearby via the A406, M25 and M11

ACCOMMODATION:
The property comprises an attractive building suitable for a variety of uses with potential for external seating. The property is laid over ground and first floor with ancillary basement. There is extraction in place. To the right of the property there are gates leading to a yard area suitable for a variety of uses including deliveries, parking and storage.
The property has the following net internal areas:

Ground Floor – 2,357 sq ft (219 m2)
First Floor – 750 sq ft (69.7m2)
Basement - 230 sq ft (21.4m2)
TOTAL 3,337 sq. ft (310.10 m2)


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

RENT:
£90,000 pax paid quarterly in advance - VAT will be applicable.

BUSINESS RATES:
Rateable Value: 2026/2027 - £89,000
Rates Payable: 2026/2027 - £41,280 per annum
This is an approximate figure and interested parties are advised to speak to Epping Forest District Council to confirm the rates payable.

POSSESSION:
Upon completion of legal formalities.

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

EPC:
Energy Rating D
A copy of the EPC certificate and recommendation report is available on request.

ADMINISTRATIVE FEE:
Upon terms being agreed and prior to Solicitor’s being instructed, the prospective purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips. This fee will cover all associated administrative costs incurred. In the event that the Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.