BPL Estates Ltd, Essex

3 Centric Parade, High Road, Loughton, Essex

£4,167

Size

3,186

Lease length

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EPC

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Parking

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Price per
£15.69 pa
Primary use
Restaurant
Other use(s)
High street retail

No floor / site plan

Key features

  • • Parquet flooring
  • • Double height aspect ceiling
  • • Fully glazed frontage
  • • Rear loading
  • • Fitted kitchen
  • • High Road Location
  • • External seating area for circa 20 covers
  • • Infrared ceiling mounted heating
  • • Fan operated cooling system

Description

LOCATION:
The property is situated centrally within the High Road, close to numerous national occupiers who include, The Works, Clarks, TJ Jones, 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:
Shop front premises (Class E Use), which most recently traded as a restaurant & is currently fit-out as such. The unit provides a large customer seating area, with provision to seat approx 90 covers, open kitchen, additional mezzanine seating, rear ancillary storage, walk-in fridge / freezer, secure storeroom, 5 x WC’s & rear access for loading & deliveries. In addition, there is mezzanine storage to the rear of the shop, incorporating a manager’s office & externally at the front, there is an area which can be used for additional customer seating for c. 20 covers. Four car parking spaces are included.
The following areas are approximate and have been measured on a Net Internal Area (NIA) basis:

Ground floor: Mezzanine seating:

2,376 sq. ft (220.72 sq. m)
250 sq. ft (23.23 sq. m)

Mezzanine storage/office: 560 sq. ft (52.05 sq. m)
Total: 3,186 sq. ft (296 sq. m)

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:
£50,000 per annum exclusive. VAT is applicable.

SERVICE CHARGE:
A service charge is applicable, further details on request

BUSINESS RATES:
Rateable Value 2026/2027 - £45,500

EPC: An EPC has been commissioned at Band C

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.

POSSESSION:
Immediate upon completion of legal formalities.

BPL Estates Ltd, Essex

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Additional information
Let type
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Let contract length
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Rent obligation
Fully repairing and insuring
Status
Available
Service charge
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Business rates
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Use class
E
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

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Environmental data
BREEAM rating
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Brochure

3 Centric Parade, High Road, Loughton, Essex

NEAREST STATIONS

London Underground

Loughton Station

0.41 miles

London Underground

Debden Station

1.25 miles

London Underground

Buckhurst Hill Station

1.47 miles

About BPL Estates Ltd, Essex

BPL Estates Ltd, Essex

The commercial agency department provides a comprehensive service to commercial and industrial property owners and occupiers throughout East / Northeast London and Essex. Whether freehold or leasehold, we are active in the disposal of a wide range of property including retail premises, from lock up shops to large showrooms, Offices from small suites to corporate headquarters, light industrial, manufacturing or warehouse/distribution and land for Residential/commercial development or design and build projects.

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Disclaimer - Property reference 3CentricParadeHighRoadLoughton. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BPL Estates Ltd, Essex. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.