STERLING HOUSE CAFE

Shops,Loughton,IG10 3TQ,A3 , Let

Commercial information:

2062 sq ft ( 191.5598 sq m)

Rent : £37,500.00 / Annum

Key features

Size: 2062Sq ft | Property Type: Shops
Tenure: Leasehold | Area: Loughton | Postcode: IG10 3TQ

Location

Sterling House is a c. 250,000sq ft multi-Let building which houses approx 50 tenants across a wide range of businesses. The building is prominently situated fronting Langston Road, immediately opposite Epping Forest Retail Park where national occupiers include TK MAXX, Card Factory, Next, Greggs, Home Bargains, Mountain Warehouse, Smyths & ALDI. Other occupiers situated along Langston Road include The Higgins Group, Mercedes, Kier (London), Volkswagen and BMW. Debden Underground Station (Central Line) is within easy walking distance. Connections to the local & national road network are excellent with Junction 5 of the M11 within a two-minute drive, providing fast & easy access to East London & The City with onward connections to (A12, A13 & A406 North Circular Road).

Contact Details

Bennett Phillips Luton

199a High Road
Loughton
Essex
IG10 4LF


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

EXTENSIVE CAFE PREMISES

TO LET

 

c. 90 covers

Extensive modern aluminium shop front

Tiled floor

Temperature control units

Potential to draw on significant trade from within Sterling House (approx 50 tenants) & other Estates & business in the immediate vicinity

Other Details


Accomodation

Comprising substantial premises with significant frontage located on ground floor level within Stirling House, which has traded as a café for a number of years. The premises can accommodate up to approx 90 covers & is currently laid-out in clear space with the addition of a prep area, storeroom & well fitted m/f WC facilities. It should be noted that the property will be handed over without any equipment or furniture unless otherwise.advised. Approx floor area’s & dimensions are as follows: GF 49’ 0’’ (14.93m) SD 42’ 6’’ (12 95m) SW 46’ 6’’ (14.19m) Sales area 1,875sq ft (174.37 sq m) Prep area 85sq ft (7.9 sq m) Storage 102sq ft (9.48 sq m) Total 2,062sq ft (191.76 sq m)

Amenities

• c. 90 covers • Extensive modern aluminium shop front • Tiled floor • Temperature control units • Potential to draw on significant trade from within Sterling House & other Estates & business in the immediate vicinity

Lease

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

Rent

£37,500pax plus VAT, paid quarterly in advance. SERVICE CHARGE: £5psf plus VAT.

Rates

Rateable Value 2022/2023 - £11,334.00 Rates Payable 2022/2023 - £5,803.00 per annum Retail & Leisure premises - From 01/04/22 until 31/03/23 at the earliest, a tenant’s rates liability will be based on paying half of the annual rates payable. Whilst this information is provided in good faith, prospective tenants are advised to make their own enquiries.

Legal Costs

The ingoing Tenant is to be responsible for the Landlord's reasonable legal fees borne in this transaction. ADMINISTRATIVE FEE: Upon terms being agreed and prior to Solicitor’s 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 sole agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton at marc@bennettphillips.com


Latest News

RICS Logo
The RICS Client Money Handling Procedure
RICS Logo
The RICS Client Money Protection Scheme
RICS Logo
The RICS Client Money Protection Certificate