UNIT 2 CONNAUGHT HOUSE, 112 HIGH ROAD, LOUGHTON, ESSEX

Shops,Loughton,IG10 4HJ,A1 , Withdrawn

Commercial information:

1086 sq ft ( 100.8894 sq m)

Rent : £39,750.00 / Annum

Key features

Size: 1086Sq ft | Property Type: Shops
Tenure: Leasehold | Area: Loughton | Postcode: IG10 4HJ

Location

The property enjoys a highly prominent frontage onto the High Road immediately at the junction with High Beech Road and opposite Station Road. Multiple occupiers located close by include M&S Simply Food, Schmidt Kitchens, Multiyork, Rhino Bedrooms, Nat West Bank, Nationwide & Café Rouge. Numerous other multiple retailers are also represented within the town. Immediately to the rear of the parade there are two public ‘pay & display’ car parks. Loughton (Central Line) Underground Station is within a few minutes walk.

Contact Details

Bennett Phillips Luton

199a High Road
Loughton
Essex
IG10 4LF


Tel : 020 8501 3000
Phone : 020 8501 3000
Fax : 020 8500 5008

Comprising the ground floor of a modern commercial/residential development laid out to provide a sales area within which ancillary storage and fitting rooms have been created using demountable partitions.  To the rear of the unit there are WC and kitchen facilities and externally there is restricted vehicular access for deliveries and one demised car parking space. 

Other Details


Accomodation

DOUBLE LOCK UP SHOP WITH SUBSTANTIAL FRONTAGE

Amenities

*Laminate wood floor. *Suspended ceiling with concealed tube and spot lights. *Modern aluminum shop front. *Prominent frontage. *Alarm system (not tested) *Internal electric security grilles.

Lease

The matter is to be dealt with by way of an Assignment of our clients existing FRI Lease which expires in December 2016 with no further rent reviews.

Rent

£39,750 per annum exclusive plus VAT at the prevailing rate, payable quarterly in advance. Service Charge: We are advised that the service charge for the current year is approximately £2,800 pax plus VAT at the prevailing rate.

Rates

We are verbally advised by the Local Authority that the premises have been assessed for business rates as follows:- Rateable Value: £39,750 Rates Payable: (2013/2014) £18,722 per annum

Legal Costs

The assignee is to be responsible for both the Assignee & Landlords reasonable legal costs associated with the Assignment.

Possession

Immediately upon completion of legal formalities

Viewing

Strictly by appointment through: Bennett Phillips Luton


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