Self-Contained 1st Floor Office

Suite 1

258a High Road

Loughton

IG10 1RB

From 1,042sq ft to 2382sq ft (96.9m sq – 221.52m sq)

Other Details

Accomodation

Comprising a self-contained 1st floor suite accessed via a ground floor entrance fronting the High Road. The property has the benefit of excellent natural light having extensive window frontage and comprises mainly open plan accommodation together with a good size glazed private office. The suite totals approx 1,042sq ft (96.9m sq) & has its own WC and kitchen facilities. Subject to availability, suite 2 could be made available, providing an additional 1,340sq ft (124.62 m2). CAR PARKING: There is no on-site parking however, we understand business permits are available in the Council owned car park adjacent Loughton Leisure Centre which is a short walk from the building. The current annual cost is £1,224 per permit.

Amenities

• Excellent natural light • High Road location • Suspended ceiling with concealed lighting • Demised WC and kitchen facilities • 2 x air conditioning units • Window Blinds • Mainly open plan with glazed private office • Entryphone • Alarm • Wall mounted heaters

Lease

A new Full Repairing and Insuring Lease is to be made available for a term to be agreed, subject to a periodic upward only rent reviews. The Lease will be granted outside the provisions of the Landlord & Tenant Act.

Rent

£20,800pax, paid quarterly in advance. We understand VAT is not applicable. SERVICE CHARGE: In common with all tenants on the 1st floor, each will be responsible for one third of the cleaning of the common parts, water rates & the Building Insurance. Suite 1 is separately metered for electric.

Rates

Rateable Value £14,250 (from 1st April 2023). Rates Payable £7,110.00 ** Based on the above RV from 1st April 2023, we understand the suite will be entitled to tapered rate relief at a reduced rate of £5,250pa for 2023/2024. Perspective tenants are advised to make their own enquiries in this regard.

Legal Costs

Each party are to be responsible for their own legal costs.

Possession

Immediate upon completion of legal formalities.